Amazon Supports the World’s Largest Deployment of Direct Air Capture Technology to Remove Carbon From the Atmosphere

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Morgan Stanley Reiterates Top Pick on Amazon.com (AMZN)

September 13, 2023 4:05 PM EDT

Morgan Stanley analyst Brian Nowak reiterated an Overweight rating and $175.00 price target on Amazon.com (NASDAQ: AMZN).

The analyst comments "We detail 3 levers of improving NA retail profitability (fulfillment/shipping, content spend, merch margins) to drive '25 margins back to '19 levels and... More