News Snapshot:
Here are Monday's biggest calls on Wall Street: Morgan Stanley names Microsoft a top 2023 pick Morgan Stanley said it sees accelerating earnings per share growth for Microsoft in 2023. "Our primary work suggests a strong (and durable) demand signal for Microsoft in key secular growth opportunities like Public Cloud, Data Management and Security, which should sustain growth in the Commercial business better than investors fear." Morgan Stanley reiterates Netflix as equal weight Morgan Stanley raised its price target on Netflix to $275 per share from $250 but said the valuation has come too far too fast. "The launch and...
