Amazon shares are trading higher after Morgan Stanley maintained an Overweight rating on the stock and raised its price target from $220 to $240.
Portfolio Pulse from Benzinga Newsdesk
Amazon shares are trading higher after Morgan Stanley maintained an Overweight rating on the stock and raised its price target from $220 to $240.
July 23, 2024 | 7:31 pm
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Amazon shares are trading higher after Morgan Stanley maintained an Overweight rating on the stock and raised its price target from $220 to $240.
Morgan Stanley's positive rating and increased price target are likely to boost investor confidence in Amazon, leading to a short-term increase in its stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100