Citi’s Levkovich cuts S&P 500 target as sentiment enters panic mode

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Citi’s Levkovich cuts S&P 500 target as sentiment enters panic mode
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Stocks are on the verge of their worst start to a new year in nearly two decades, one of the most iconic companies in the world lowered its earnings outlook and high-profile strategists are already cutting their S&P 500 targets. And it’s only day three into the new year.

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