Veytics Intelligence
2026-10-19 · Yahoo

Morgan Stanley names Amazon "Top Pick" amid AWS strength

Investing.com -- Morgan Stanley analysts named Amazon their top pick on Monday and raised their price target to $350 from $335, maintaining an Overweight rating on the shares. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list » The firm said it sees approximately 40% upside potential to its $350 price target, with a 3-to-1 risk-reward ratio. The analysts pointed to AWS's revenue growth trajectory and its ability to operate as a "rule of 90" company, along with increased visibility for Bedrock's market position and Amazon retail's positioning in agentic commerce. Unsure what to buy ahead of earnings?

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