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Amazon Shares Rise 3.3% After Morgan Stanley Raises Price Target

Amazon shares rose 3.3% in the morning session after Morgan Stanley named the company a top pick and raised its price target to $350 from $335. Analyst Brian Nowak maintained an Overweight rating.

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Amazon shares rose 3.3% in the morning session after Morgan Stanley named the company a top pick and increased its price target to $350 from $335. Morgan Stanley analyst Brian Nowak maintained an Overweight rating and raised his…