Amazon is poised to get a considerable boost from a combination of catalysts, according to Morgan Stanley. The investment bank has an overweight rating on Amazon. It hiked its price target on shares to $350 from $335, implying 40% upside from Friday’s close. Morgan Stanley also named the stock one of its top picks. Analyst Brian Nowak said investors underappreciate the impact of Amazon Web Services — the company’s cloud computing platform that offers pay-as-you-go infrastructure services — on Amazon’s business and shares. He noted that AWS will contribute to the company’s revenue, particularly as it gains more visibility into its artificial intelligence-focused cloud service called Bedrock. “We continue to think AWS’s growth and profit runway is under-appreciated,” Nowak wrote. Morgan Stanley expects AWS to notch growth of 47% on a year-over-year basis in 2027. AMZN YTD mountain AMZN in 2026 Amazon is also likely to be a beneficiary of the rise in agentic artificial…
Amazon’s AWS lands a major Meta deal for tens of millions of Graviton5 AI CPUs. https://seekingalpha.com/news/4579275-meta-inks-agreement-with-amazon-to-use-tens-of-millions-of-graviton-chips-to-power-ai Facebook Twitter Pinterest LinkedIn…