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Amazon (AMZN) Soars on Morgan Stanley Backing as Fresh Grocery Push Fuels GMV Upside

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The Story

News Summary

  • Morgan Stanley reaffirmed Overweight on Amazon (AMZN) with a $300 target, citing U.S.
  • fresh grocery expansion that could add substantial GMV by 2026, leveraging logistics, basket economics and consumer data to boost long-term growth and profitability.
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Stored market data

AMZN price history

253.54 +10.39% over the displayed period

Advisor Snapshot

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