AMZN Stock Rises as Morgan Stanley Sees 40% Upside

TLDR Morgan Stanley raises its Amazon price target to $350, indicating 40% potential upside. AMZN stock gains around 2% after falling 4.7% during the previous week. Morgan Stanley forecasts AWS revenue growth of 47% in 2027 and 42% in 2028. Amazon’s robotics operations could deliver annual savings of $2 billion to $4 billion under the [...]

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