Morgan Stanley Boosts S&P 500 Target to 5,400 USD - Implications and Strategies
Monday, 20 May 2024, 13:22
Morgan Stanley Revises S&P 500 Forecast
Key Predictions by Mike Wilson
- Target Price: Raised to 5,400 USD from 4,500 USD
- Potential 20% variation from current levels
One of the biggest bears on Wall Street, Mike Wilson from Morgan Stanley (NYSE: MS), has shifted from predicting market downturns to predicting a significant upturn in the S&P 500. The updated target is supported by earnings growth projections and strategic sector recommendations.
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