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Amazon shares rise 1.03% intraday after Morgan Stanley raised its target price to USD 300.
ByAinvest
Friday, Jul 11, 2025 10:06 am ET1min read
Amazon.Com, Inc. rose 1.03% in intraday trading, with Morgan Stanley reaffirming its Buy rating and raising the target price from USD 250 to USD 300. Additionally, Amazon Web Services (AWS) announced a strategic collaboration agreement with Astronomer to help customers accelerate their data movement to AWS, enhancing integration with key AWS services. Furthermore, AWS developed new cooling technology for Nvidia's graphics processing units, which could impact competitors like Munters and Vertiv.
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