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December 24, 2011
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Pros see stocks up in 2012, but big risks, too

NEW YORK (AP) - The good news is that Wall Street experts think stock prices will rise more than 10 percent next year.

The bad news is that they expected big gains in 2011 and got nearly zero instead.

It's forecasting time on Wall Street, and once again the pros are trying to predict the unpredictable. History suggests their target price for stocks by the end of 2012 will prove too high or too low. They might even get the direction wrong - predicting a gain when there's a loss.

"Normally, you wonder, How will sales do? How are managements …

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The Nevada Appeal Updated Dec 24, 2011 03:32AM Published Dec 24, 2011 03:31AM Copyright 2011 The Nevada Appeal. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.