Reported 5 days ago
Morgan Stanley has increased its 2025 year-end target for the S&P 500 to 6,500, anticipating continued growth in U.S. earnings and a positive business cycle as the Federal Reserve is expected to lower interest rates. The firm's equity strategist Michael Wilson indicated that a post-election rise in corporate enthusiasm could lead to a more balanced earnings profile across the market. Currently, the S&P 500 is at 5,893, and the firm favors 'quality cyclicals', particularly in the financial sector.
Source: YAHOO