If you missed my post 2017 Wall Street Year End Price Targets you can check that out here.
Now that the final analyst (Tom Lee) released his year-end target, I wanted to post the table that shows just how low expectations for this year really are.
It looks like the majority of firms don’t expect much of a gain in 2017 – an odd deviation from previous years where the standard narrative was expecting an 8-10% gain for each calendar year.
It’s interesting to see that not one single analyst expects the market to end down for the year – I’m not sure they’re allowed to say that.
I have this sneaking suspicion that these targets will get adjusted as the price moves throughout the year, but as I mentioned in the previous post, I track these calls based on the original price targets.
It will be interesting to see how these 2017 year-end S&P price targets turn out.