Morgan Stanley

Morgan Stanley Predicts 16% S&P Surge, Leading Market Optimism

The investment bank Morgan Stanley is taking an optimistic stance on US equities. In a recent note, its chief US equity strategist Mike Wilson raised the 12-month target for the S&P 500 Index to 7,800 points, up from 7,200, reflecting about a 16 % upside from today’s levels.

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