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Amazon Just Got a New Price Target as Wall Street Bets Big on AI
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Amazon shares rose 5% to $262.53 on Monday, October 19, after Morgan Stanley named the company one of its top picks and raised its price target on the stock to $350 from $335. The new price target implies about 40% upside potential from Friday’s closing price of $250. The bank’s bearish scenario is $220, […]
Meta and Tesla will report Wednesday after the closure; for Meta, revenues of approximately $63.2 billion are estimated.
·Mexico City, Mexico
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Jeff Bezos' tech giant Amazon rose more than 5 percent in Monday trading after being given a buy rating by Morgan Stanley. The company is now approaching the $3 trillion market value mark, which only four companies have crossed so far.
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