Stock Price Targets

From Meb Faber Research here's a rundown of year end 2014 price targets for the S&P 500 from most of Wall Street's investment shops.

The herd seems to be congregating around that 1,950-2,000 mark.  Our current cone of probability is 1,900-2,100.  Wall Street was way low in their aggregate price targets last year.  Have to at least perk up a bit when everybody is in the same range with market's at the higher end of their valuation zones.

Link:  Meb Faber:  Stocks Up, Bonds Down.