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BAML cuts its S&P EPS targets for 2012 and 2013 to $102 and $109 respectively, saying bottom...
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Thursday, July 12, 2012, 11:27 AM ETBAML cuts its S&P EPS targets for 2012 and 2013 to $102 and $109 respectively, saying bottom up estimates aren't accounting for the EU crisis, the fiscal cliff, and a slowing China (via CNBC's John Melloy). It's hard to believe this hasn't been priced in, but time will tell. (see also)
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