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
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Monday, October 19, 2026
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3 min read
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Last updated: Monday, October 19, 2026
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https://www.fxleaders.com/news/2026/10/19/amzn-stock-eyes-record-high-after-strong-jump-on-morgan-stanley-naming-amazon-a-top-pick-and-raises-price-target/
