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Amazon shares jump as Morgan Stanley calls AWS runway “under-appreciated”

Amazon.com Inc (NASDAQ:AMZN) shares rose more than 5% on Monday after Morgan Stanley (NYSE:MS) named the company a top pick and raised its price target to $350 from $335. The firm sees roughly 40% upside as Amazon Web Services accelerates, and now models AWS growth of 47% in 2027, up from...

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Indices· October 19, 2026 at 05:05 PM
Authored by·Editorially reviewed
Onur Erkan Yıldız
Founder, Financial Engineer · CMB-licensed
NeutralMedium impact

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Amazon.com Inc (NASDAQ:AMZN) shares rose more than 5% on Monday after Morgan Stanley (NYSE:MS) named the company a top pick and raised its price target to $350 from $335. The firm sees roughly 40% upside as Amazon Web Services accelerates, and now models AWS growth of 47% in 2027, up from...

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