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Amazon Pops on a Target Raise. 59 Analysts, Zero Sells

Source: 247wallst.com

Analyst InsightsCompany FundamentalsCorporate Guidance & Outlook
Amazon Pops on a Target Raise. 59 Analysts, Zero Sells

Morgan Stanley named Amazon a top pick and raised its price target, though the excerpt gives no target figure. Amazon has negative free cash flow and $200 billion in planned spending; the article frames AWS momentum as the key question for whether that investment can pay off.

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