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Morgan Stanley Sees Growth in Amazon’s (AMZN) Fresh Grocery Expansion, Keeps Overweight Rating
Yahoo Finance· 2025-09-19 12:46
Amazon.com, Inc. (NASDAQ:AMZN) is one of the 10 Best NASDAQ Stocks to Buy For Long Term. On September 10, Morgan Stanley reaffirmed an Overweight rating for Amazon.com, Inc. (NASDAQ:AMZN) with a price target of $300. Morgan Stanley views Amazon.com, Inc.’s (NASDAQ:AMZN) move into the fresh grocery market, which is worth about $600 billion, as a catalyst for sustained faster growth. Morgan Stanley Sees Growth in Amazon’s (AMZN) Fresh Grocery Expansion, Keeps Overweight Rating Ken Wolter / Shutterstock.co ...
Amazon’s (AMZN) Fresh Grocery Push Seen as Key Growth Driver by Analysts
Yahoo Finance· 2025-09-17 11:57
Amazon.com, Inc. (NASDAQ:AMZN) is one of the Trending AI Stocks on Wall Street. On September 10, Morgan Stanley analyst Brian Nowak reiterated an Overweight rating on the stock with a $300.00 price target. According to the analysts, Amazon’s push into the fresh grocery market will unlock sustained faster growth. “We see AMZN’s push into the ~$600bn fresh grocery market unlocking durably faster growth (every 1% share capture is ~120bp upside to US GMV). With the logistics network built, higher fresh merch ...