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Analysts bullish on Amazon (AMZN) as tailwinds drive 'durable multi-year profitability'

January 11, 2024 8:02 AM EST

Both Morgan Stanley and Bank of America released notes covering Amazon (NASDAQ: AMZN) on Thursday, maintaining their bullish stances on the stock.

Morgan Stanley's Brian Nowak, who has an Overweight rating on the stock, upped the Amazon price target to $185 per... More