Morgan Stanley: ‘One Last Surge Of Euphoria’ Will Take Market Up More Than 10% From Here

(CNBC) Michael Wilson, chief U.S. equity strategist at the firm, said in a note Monday that the S&P 500 could reach his “bull case” target of 3,000 “by the middle of the year as investors bid up P/Es toward 18.5x on one last surge of euphoria…..”

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