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Amazon Leads Dow Gainers as Morgan Stanley Names Stock ‘Top Pick’
Morgan Stanley analysts see continued AWS revenue growth benefiting Amazon stock.
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Key Takeaways
Amazon shares gained Monday after Morgan Stanley named the company a “top pick.”
The analysts see several catalysts for the stock, including outsized revenue growth from Amazon Web Services.
Amazon shares are on the rise after a fresh show of support from Morgan Stanley.
Shares of Amazon (AMZN) were up 5% to $262 in recent trading, leading gainers in the Dow Jones Industrial Average. In a note to clients over the weekend, Morgan Stanley analysts…
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