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Morgan Stanley strategist: European Stoxx 600 index year-end target raised to 680 points, UK FTSE 100 index target raised to 11000 points

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Morgan Stanley strategists have raised the year-end target level for the European Stoxx 600 index to 680 points, with an expected increase of about 7% from the current level, and believe that market funds will experience sector rotation in the second half of the year. Morgan Stanley strategists have raised the year-end target level for the FTSE 100 index in the UK from 10300 points to 11000 points.

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