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A top Wall Street bear has turned bullish on stocks, boosting his S&P 500 price target by 20%

"Our 2024 and 2025 earnings growth forecasts assume healthy, mid-single-digit top-line growth in addition to margin expansion," Mike Wilson said. ....

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🔒 Wall Street bear Michael Wilson turns bullish on US Stocks

Morgan Stanley's Michael Wilson, a noted Wall Street bear, has turned bullish, forecasting the S&P 500 to rise 2% by June 2025. ....

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JPMorgan strategist stays negative on stocks as other Wall Street bears cave

'We don't see a reason to change our stance,' strategist Marko Kolanovic wrote. ....

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One of the Last Big Bears on Wall Street Turns Bullish on US Stocks

(Bloomberg) One of Wall Street’s most prominent bears has just turned positive on the outlook for US stocks.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteEbrahim Raisi, Iranian President Confronting West, Dies at 63Speedier Wall Street Trades Are Putting Global Finance On EdgeSaudi Crown Prince Postpones Japan Trip Over King’s HealthChina’s Housing Rescue Too Small to End Crisis, Analysts SayMorgan Stanley’s Michael Wilson now sees the S&P 500 rising 2% ....

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One of the last big bears on Wall Street turns bullish on US stocks

The Morgan Stanley strategist recommends a barbell approach of quality cyclicals stocks and quality growth and maintains a long exposure to certain defensive areas such as consumer staples and utilities ....

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