On May 13, Morgan Stanley raised its price target for the S&P 500, joining the upper echelon of Wall Street forecasts. Mike Wilson noted that the market has already priced in the most significant risks.
Morgan Stanley shares reached a record peak following stellar earnings in wealth management and strategic expansions into spot cryptocurrency offerings.
Read the full storyMorgan Stanley identifies attractive long-term entry points across sectors as systemic market risks begin to fade, prompting a target price revision.
The investment bank upgraded its outlook for major Chinese indices, citing corporate resilience and China's pivotal role in global supply chains.