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Twitter surges after Morgan Stanley raises from 'underweight'

11 monthes ago   |   By

SAN FRANCISCO - Shares of Twitter Inc surged nearly 11 percent on Tuesday and were on track for their best session in two months after Morgan Stanley upgraded its recommendation on the social network to "equal-weight" from "underweight".
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Morgan Stanley Warns Investors: The Best Times May Be Near an End

11 monthes ago   |   By

Investors need to prepare for downside as the end of the economic cycle is near and U.S. markets are priced for best-case scenarios, Morgan Stanley says.
While fiscal stimulus is supportive of growth in the near term, the benefits are already likely "in the price" and increase potential downside for markets at the end of the cycle, Morgan Stanley strategists including Michael Zezas, Matthew Hornbach and Andrew Sheets wrote in a note Tuesday. They also said U.S. stock valuations peaked before the tax bill was enacted with a cyclical top for equities later this year, while peak margins and...
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Almost a year before he turned in his report, Mueller warned that much of...

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