the chief strategist at
oppenheimer.
>> good morning.
>> i'm going to call you out a
little bit
you had a price target, crossing
the 3,500 mark
you pulled that back because of
the pandemic
why didn't you reinstate it?
>> simple, it would have been
hard without coming out with an
unrealistic multiple
we remain bullish.
outperform rating, technology,
consumer discretionary
industrials and financials since
the start of the year.
we stuck with that through the
crash.
through the recovery
but related to the suspension of
the target
we think at some point, the
market will say, wait a minute,
based on earnings, they haven't
caught up with the stock prices.
that said, it is higher for the
markets here
prone to pull back on any