Citi calls FTSE at 7,000 by end of 2013

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Analysts at Citigroup have hiked their 2013 FTSE 100 forecast to 7,000, suggesting the UK's blue chip index can still add another 10% by the end of the year.

The call, which makes Citi the most bullish of the leading brokers, is based on a view investors will begin to discount better earnings growth in 2014 ahead of time. Citi's European portfolio strategists...

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