Monday, July 23, 2007

UPDATE 1-RESEARCH ALERT-Citigroup still bullish on US equities

(Reuters) - Slowing earnings growth, rising consumer delinquencies, and
a move towards stocks with greater international exposure,
among other reasons, would drive large-caps to outperform
small- and mid-caps, Citigroup's Tobias Levkovich said in a
note to investors.




Levkovich said he had a 2007 year-end target of 1,600 for
the Standard & Poor's 500 Index , and saw the index at
1,725 by mid-2008.


Read more at Reuters.com Bonds News

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