Morgan Stanley's Mike Wilson Ups S&P 500 Target Amid Surging Stock Prices

Monday, 20 May 2024, 13:11

Morgan Stanley's stock strategist, Mike Wilson, has revised his S&P 500 forecast upward to 5,400, a departure from his earlier bearish outlook for 2024. The change in target reflects the current market dynamics, with stocks hitting record highs.
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Morgan Stanley's Mike Wilson Ups S&P 500 Target Amid Surging Stock Prices

Morgan Stanley's Mike Wilson Increases S&P 500 Forecast

The renowned stock strategist, Mike Wilson, at Morgan Stanley has adjusted his forecast for the S&P 500 to 5,400, signaling a shift from his previously bearish stance.

Background:

  • Wilson's initial bearish call for 2024
  • Latest update following stock market surge

Conclusion: Wilson's latest move underscores the evolving market conditions and the need for adaptability in financial predictions.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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