Amazon Launches the International Shopping Experience in the Amazon Shopping App

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Morgan Stanley Remains Bullish on Amazon (AMZN) Following Analysis

April 19, 2018 9:12 AM EDT

Morgan Stanley reiterated an Overweight rating and $1550.00 price target on Amazon.com (NASDAQ: AMZN) following a market analysis. The analysis shows Amazon gained 1.5% of US apparel market share in 2017, +10 bps sequentially vs. 2016, largely at the expense of dept stores.

Cumulatively, Morgan Stanley... More