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22 Jun 2016
Credit Suisse: FTSE year-end forecast slashed to 6200 on Brexit
In its latest note, Credit Suisse lowered the outlook for FTSE in case voters choose ‘Leave.’
Key Points:
Would lower end-2016 forecast by 6% if Leave prevails (6600 prev forecast)
Would cut Eurostoxx 50 futures end-2016 target to 2950 versus 2250 prev
S&P forecast cut to 2000 vs 2150