- Morgan Stanley analyst Brian Nowak raised Amazon price target to $350 from $335
Morgan Stanley analyst Brian Nowak raised his Amazon price target to $350 from $335, naming the stock a top pick. He expects AWS to sustain outsized growth through 2028 and sees Amazon as a key AI enabler even as Meta's Muse threatens traditional e-commerce. Amazon shares rose 1.3% in premarket trading after falling 12% since early August.
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