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Why Amazon (AMZN) Stock Is Up Today

Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) jumped 3.3% in the morning session after Morgan Stanley named the company a top pick and raised its price target to $350 from $335.

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Indices· October 19, 2026 at 08:56 PM
Authored by·Editorially reviewed
Onur Erkan Yıldız
Founder, Financial Engineer · CMB-licensed
NeutralMedium impact

AI summary

Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) jumped 3.3% in the morning session after Morgan Stanley named the company a top pick and raised its price target to $350 from $335.

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