Goldman Sachs - "Given the move down in sterling and the fall in real interest rates we raise our FTSE 100 targets, to 6,600, 6,800 and 7,200 over 3, 6 and 12 months respectively. Our previous targets were 6,200, 6,300 and 6,500 respectively. Our revised 12 month target gives a price return of 10% from current levels and would put the UK market above its previous peak of 6930. Although measuring the price index in dollar terms the market would still be c.25% below peak. We would also prefer the UK market to Europe more broadly, partly because of the potential for further easing by the BoE, but also because of the UK stock markets’ high exposure to global growth and the lack of performance so far this year."