Merrill Lynch & Co. chief U.S. strategist Richard Bernstein on Thursday cut his 12-month target for the Standard & PoorÂ’s 500 Index to 960 from 1,050, saying that Wall Street remains excessively bullish. S&P closed at 884 today. Still a good buy in the short time and a great buy in the long term. Go Bulls... Merrill strategist cuts S&P target | 
