Morgan Stanley says US stocks will soar 10% by mid-2021 as V-shaped economic recovery boosts profit growth

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· *Morgan Stanley on Monday updated its base case for S&P 500 growth through June 2021, citing a swift economic recovery. *
· *The bank raised its base case for the S&P 500 to 3,350 from 3,000 through June 2021, implying a 10% jump from Friday's close, according to a Monday note from strategists led by Mike Wilson.*
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