Time to sell financial services giant Morgan Stanley (MS), which is at my $90 target and now looks overextended here less than two months from the initial recommendation.

While I could raise the target, the level of investment banking activity required to meet current earnings projections is very questionable at this point. There’s just enough risk here to make me think MS has gone as far as it can reasonably go.

Sell MS. Inner Circle Subscribers, hold the cash for now.