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JP Morgan’s Tom Lee Is Really Close To Making A Bunch Of People Look Really … – Business Insider

JP Morgan's Tom Lee Is Really Close To Making A Bunch Of People Look Really
Business Insider
His year-end target for the S&P 500 was 1,430, up 13 percent from where it closed in 2011. "This is based on a target multiple of 13.0x estimated 2013 EPS of $ 110," he wrote back then. "From any historical lens, this P/E multiple appears conservative."

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