- Morgan Stanley raised AMZN PT to $350 from $335
- Nowak rates AMZN Overweight and top pick
Morgan Stanley analyst Brian Nowak raised Amazon's price target to $350, making it a top pick. He expects AWS to sustain outsized growth through 2028 and sees Amazon as a key AI winner despite heavy capex and Meta's Muse threat. Shares rose 2% premarket.
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