- Morgan Stanley analyst Brian Nowak named Amazon a top pick.
Morgan Stanley analyst Brian Nowak says AWS growth is underappreciated and Amazon is a clear AI winner. He raised the price target to $350 from $335 and reiterated an overweight rating. Nowak also addressed the threat from Meta's Muse AI agent, expecting the holiday season to prove Amazon's importance in agentic commerce. Amazon stock rose 2% to $256.02.
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