UPDATE: Morgan Stanley Reiterates on SPX on Potential Upside
February 13, 2014 at 10:15 AM EST
In a report published Thursday, Morgan Stanley analyst Nigel Coe reiterated an Overweight rating on SPX (NYSE: SPW ), and raised the price target from $108.00 to $117.00. In the report, Morgan Stanley noted, “After years of inaction, we had some issues with the ‘raise number' button in our model.