Upside looks limited: Morgan Stanley

Given the current state of investor sentiment, the potential risks in Europe and the move in valuations, the upside looks limited from here on with risks still skewed to the downside, says Gerard Minack, Morgan Stanley.

February 14, 2012 / 07:57 IST

Gerard Minack, Morgan Stanley said that, "Given the current state of investor sentiment, the potential risks in Europe and the move in valuations, the upside looks limited from here on with risks still skewed to the downside. However, the catalysts for an outright sell call like disappointing US data or signs of the Greek bailout not progressing smoothly are not in place yet."

first published: Feb 14, 2012 07:55 am

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