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via finance.yahoo.comBusiness & Companies

Morgan Stanley raises Amazon price target to $350 ahead of third-quarter report

FROM THE WIRE · FINANCE.YAHOO.COM

Amazon.com, Inc. (NASDAQ:AMZN) rose recently after Morgan Stanley named it a top pick and raised its price target to $350 from $335, and the stock now heads into its third-quarter report on October 29. It ranks fourth on our list of thetop 10 stocks Jim Cramer and billionaire…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishAmazon's shares depend on AWS growth and free cash flow ahead of quarterly results.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Morgan Stanley named Amazon a top pick and raised its target from $335 to $350.
  2. 02The third-quarter report is scheduled for October 29.
  3. 03AWS revenue rose 37% in the second quarter, above the 31% analysts expected.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Amazon.com, Inc.AMZNStock251.89 USD-0.08%today -3.99%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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