Bank of America issues a 'mea culpa' and boosts its S&P 500 forecast after missing out on the recent rally

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· *Bank of America strategist Savita Subramanian on Monday raised her S&P 500 price target to 2,900 from 2,600 — and issued a "mea culpa" for missing the recent rally. *
· *"Tepid sentiment is the more bullish input into our target; our Fair Value Model and weak estimate revisions are the most bearish," Subramanian...