The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
May 13, 2026
· 3 min read
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Morgan Stanley lifts S&P 500’s annual target on hopes of earnings-driven rallies
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Article Excerpt
Morgan Stanley lifts S&P 500’s annual target on hopes of earnings-driven rallies
REUTERS
PUBLISHED MAY 13, 2026
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Morgan Stanley raised its annual target for the benchmark S&P 500 index on Wednesday, saying U.S. stocks had enough room to rally as companies continue to post strong earnings.
The brokerage lifted its annual target for the index to 8,000 from 7,800, with an 8-per-cent upside to the index’s Tuesday close of 7,400 points.
Per-share earnings e…
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