Amazon Jumps 5% as Morgan Stanley Names It Top Pick on Faster AWS Growth; Microsoft and Alphabet Edge Higher
Amazon (NASDAQ:AMZN) stock jumped 5% to $262.42 after Morgan Stanley (NYSE:MS) named Amazon a top pick and raised its price target to $350 from $335. Morgan Stanley analyst Brian Nowak maintained an Overweight rating, pointing to faster cloud growth, higher profits, and several AI-related opportunities. The advance outpaced Microsoft (NASDAQ:MSFT) stock, which gained 1% to […]
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