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A Morgan Stanley 3900 forecast for S&P500 at year-end

A Morgan Stanley 3900 forecast for S&P500 at year-end
Bloomberg (gated) convey the opinion in a Morgan Stanley research note forecasting a year-end target of 3900 for the S&P500. Analysts at the bank cite: Earnings per share for the S&P 500 are set to drop 16% this yearanticipates that S&P 500 earnings per share will come in at $185, compared with a median $206 prediction“We think that the downside risk to US earnings is now” “While a deteriorating liquidity backdrop is likely to put downward pressure on equity valuations over the next three months... Read More
Posted: Jun 5 2023, 22:36
Author Name: forexlive
Views: 102119

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