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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (10562)	8/21/2001 8:13:23 AM
From: UnBelievable	Read Replies (1) of 209892

Goldman's Cohen lowers S&P target By Julie Rannazzisi Goldman Sachs' influential head of investment strategy Abby Joseph Cohen lowered her year-end target for the S&P 500 ($SPX) to 1,500 from the previous 1,550, according to Art Hogan, chief strategist at Jefferies & Co. That's an upside of 28 percent from current levels. Her year-end target for the Dow Industrials ($INDU) remains at 12,500, representing a gain of 21 percent from current levels. Cohen last lowered her targets on the averages on April 18. On that day, she cut her 2001 targets on the S&P 500 to 1,550 from 1,650 and on the Dow to 12,500 from 13,000.

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