*Walter Bloomberg|Jun 08, 2026 13:02
WILSON SEES SELLOFF AS HEALTHY, TARGETS S&P 8000
Morgan Stanley strategist Mike Wilson says Friday’s market selloff was “ultimately healthy” and maintains an 8,000 year-end target for the S&P 500, implying over 8% upside from current levels. He cites strong earnings breadth and improving macro data as support for continued gains. Wilson also expects AI stock weakness to rotate flows into consumer discretionary, regional banks, and transportation sectors.(*Walter Bloomberg)
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