AMZN Stock Eyes Record High after Strong Jump on Morgan Stanley Naming Amazon a Top Pick and Raises Price Target

vm_admin
AMZN Stock Eyes Record High after Strong Jump on Morgan Stanley Naming Amazon a Top Pick and Raises Price Target

Amazon shares climbed 5% above $260 after retreating from their August record near $287, as Morgan Stanley named the stock a top pick and raised its price target to $350, highlighting AWS growth potential despite mounting infrastructure costs.

Written by:

Skerdian Meta


•
Monday, October 19, 2026
•
3 min read

•
Last updated: Monday, October 19, 2026