Amazon.com (NASDAQ:AMZN) had its target price hoisted by research analysts at Morgan Stanley from $230.00 to $280.00 in a research report issued on Monday,Benzinga reports. The brokerage presently has an “overweight” rating on the e-commerce giant’s stock.

Morgan Stanley analyst Brian Nowak maintained a Buy rating on Amazon (AMZN – Research Report) today and set a price target of $280.00.Stay

Morgan Stanley raised the firm’s price target on Amazon.com (AMZN) to $280 from $230 and keeps an Overweight rating on the shares, which were

Morgan Stanley raised the firm’s price target on Compass (COMP) to $6 from $5.75 and keeps an Equal Weight rating on the shares. The firm sees GPU enabled and GenAI tool adoption driving fundamental upside and outperformance among the North American Internet group.

Morgan Stanley lowered the firm’s price target on Playtika (PLTK) to $8 from $8.50 and keeps an Equal Weight rating on the shares. The firm sees GPU enabled and GenAI tool adoption driving fundamental upside and outperformance among the North American Internet group.

Morgan Stanley notes recent news reports suggest both President Biden and President-elect Trump are interested in extending the upcoming

The CEO also said he is ‘bullish’ on the potential for stock sales, including initial public offerings in 2025.

Stocks closed sharply higher Friday, sending the S&P 500 and Dow Jones Industrial Average to their biggest weekly gains since the week of the November presidential election.

In addition to donating millions to Trump’s inauguration, many company heads are adopting the President-elect’s hard-edged, even vindictive vibe in announcing changes in their business.

The US Supreme Court on Friday upheld a law that would force China-based ByteDance to either sell TikTok by Sunday or face a US ban for the short-video app. US President Joe Biden signed the bill into law in April amid national security concerns due to TikTok's connections to China.

As American consumers are feeling the squeeze of late-stage capitalism more and more, credit cards are continuing to emerge as the preferred method of payment, for Millennials, who make up $600 billion of annual spending power in the United States.

With a TikTok ban potentially set to take effect in the U.S. on Sunday, other social media platforms could compete for its users’ attention, analysts at Morgan Stanley said.