Morgan Stanley analyst Brian Nowak raised Amazon’s target from $335 to $350, maintained an overweight rating and named the stock the firm’s top pick, according to BlockBeats.
Analyst estimates
The report attributed forecasts of 47% revenue growth in 2027, 42% growth in 2028 and about $16.50 in 2028 earnings per share to Morgan Stanley. Those are institution estimates, not reported results.
Derivative market snapshot
TradingBeats monitored AMZN perpetuals on Hyperliquid at $263.36, up about 4.01% over 24 hours in the update. That quote reflects a crypto-platform derivative and should not be read as Amazon’s stock price.
Source: BlockBeats flash.