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(Reuters) -In a series of global economic outlook notes published on Monday, Morgan Stanley said it favors U.S. stocks over global peers and raised its 2026 year-end target for the S&P 500 index to 7,800, citing robust earnings growth, AI-driven efficiency gains and a supportive policy backdrop. Morgan Stanley's previous year-end target for the benchmark index was not immediately clear. (Reporting by Rashika Singh in Bengaluru)
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