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. This forecast has set the tone for…