Although J. Safra Sarasin believes that global equity markets are nearing peak earnings growth rates, the bank has lifted its target prices on expectations that corporate earnings have more room to grow and that global economic growth will be “balanced”. “Global equity markets are close to the point of maximum earnings growth acceleration,” according to Cedric Spahr, equity strategist at…
J. Safra Sarasin: Year-end equity targets raised on positive earnings outlook
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