Another prominent bear throws in the towel, with Morgan Stanley's Adam Parker upping his...

|By:, SA News Editor

Another prominent bear throws in the towel, with Morgan Stanley's Adam Parker upping his year-end S&P estimate to 1600 from 1434 previously. "The debate isn't whether consensus (earnings) estimates are too high ... the debate is, will anyone care." Previous: Richard Russell wants in, and Greenspan calls stocks significantly undervalued.