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Morgan Stanley raises Amazon price target to $350

CNBC ·

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  1. 1Morgan Stanley raised its price target for Amazon to $350 this week.
  2. 2Amazon shares have fallen more than 7% over the past month.
  3. 3Amazon is scheduled to report third-quarter earnings after the market closes on October 29.

So what's the key point?

Morgan Stanley set a higher price target of $350 for Amazon stock. The stock price has recently dropped by more than 7%, and an earnings report is scheduled to be released soon.

Source CNBC · View original ↗

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