Raise Emerging Market base case target by 9%: Morgan Stanley

Morgan Stanley expects further gains for markets like China and Japan as earnings continue to surprise on the upside, Garner says.

February 23, 2017 / 11:50 IST

Jonathan Garner of Morgan Stanley says the brokerage house raised Emerging Market base case target price by 9 percent, Asia Pacific ex-Japan by 8 percent and China by 10 percent.

It stays overweight on Japan and China against Emerging Markets, he adds.

Morgan Stanley expects further gains for markets like China and Japan as earnings continue to surprise on the upside, Garner says.

first published: Feb 23, 2017 08:50 am

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