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Deutsche: The S&P 500 Is Going To 2,350 Amid Possible Tax Cuts

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Rupert Hargreaves
Published on
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Even after the recent S&P 500 rally, Deutsche Bank still thinks the index has further upside ahead of it.

In a research note published at the end of last week, Deutsche’s market strategist David Bianco writes that he believes the index has room to run to 2,200 after Trump’s election by the end of the year. Further upside is expected for 2017 with a target of 2,350 set.

Specifically, Bianco and team write:

“We raise our 2016 yearend S&P price target to 2200 from 2150, but...

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway.Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK.Rupert covers everything value investing for Hedge Fund Alpha