Two Strategists Up Their 2009 Price Targets

Each week Bloomberg surveys Wall Street strategists for their year-end S&P 500 price targets.  Since we last updated our table highlighting the various price targets a few weeks ago, two firms have upped their year-end numbers.  Deutsche Bank's Binky Chadha upped his price target from 900 to 1,060, while Morgan Stanley's Jason Todd upped his from 825 to 900.  The average year-end target for the S&P 500 is now 968, which is 5.59% above the index's current level.