Daily Market Updates: Amazon stock target raised by Morgan Stanley, UBS ahead of Q3 results; what are the key catalysts? Know here

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Amazon stock target raised by Morgan Stanley, UBS ahead of Q3 results; what are the key catalysts? Know here

Reported · Written up by our desk · North America

Morgan Stanley and UBS raised their Amazon price targets ahead of Q3 results, citing accelerating AWS growth, AI opportunities and improving efficiency. Their optimism is tempered by rising AI infrastructure spending, which could weigh on free cash flow even as cloud profitability strengthens.

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LiveMint MarketsAmazon stock target raised by Morgan Stanley, UBS ahead of Q3 results; what are the key catalysts? Know here

Global Markets

Amazon stock target raised by Morgan Stanley, UBS ahead of Q3 results; what are the key catalysts? Know here

More like this

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