Another bank takes a knife to its S&P 500 forecast ...Middle East

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Another bank takes a knife to its S&P 500 forecast

RBC Capital Markets (RY) is the latest investment bank to take a knife to its S&P 500 forecast, cutting its year-end target for the index by 400 points to 6,200, following similar actions by Goldman Sachs (GS) and Yardeni Research.

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