Deutsche Bank Boosts S&P 500 Forecast on Profit Growth, Slowing Inflation

(Bloomberg) -- Deutsche Bank Securities boosted its
2007 forecast for the Standard & Poor's 500 Index by 4.5 percent
to 1610 on expectations of higher-than-forecast earnings and
slowing inflation.

The S&P 500 Index, which has gained 9.2 percent this year
and closed at a record on July 13, would need to rise another 3.9
percent by the end of the year to reach Deutsche Bank's new
forecast. The index fell 0.15 to 1549.37 today.


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