| Stock market may be rallying, but Morgan Stanley says things will get worse before they get better, and even then, the outlook is muted. Firm cuts year-end price target for S&P 500 to 825 from 975; before then, MS still sees downside risk to 560-600 as stocks battle "further earnings downgrades and weak economic news flow." S&P 500 closed yesterday just under 751. |
Friday, March 13, 2009
Stock market may be rallying
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