The stock market doesn't need Fed cuts, says Morgan Stanley as it rachets S&P 500 view higher

Morgan Stanley released a new year-end S&P 500 price target, joining the upper tier of Wall Street forecasts. The article is a broad market commentary on stock-market target setting rather than a company-specific catalyst, with no specific target level or revision magnitude provided.

Analysis

Morgan Stanley released a new year-end S&P 500 price target, joining the upper tier of Wall Street forecasts. The article is a broad market commentary on stock-market target setting rather than a company-specific catalyst, with no specific target level or revision magnitude provided.