Morgan Stanley Maintains Overweight on Amazon.com, Raises Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Brian Nowak maintains an Overweight rating on Amazon.com (NASDAQ:AMZN) and raises the price target from $150 to $175.
August 04, 2023 | 3:11 pm
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POSITIVE IMPACT
Morgan Stanley maintains an Overweight rating on Amazon.com and raises the price target from $150 to $175, indicating a positive outlook for the stock.
The raised price target by Morgan Stanley indicates a positive outlook for Amazon.com. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100