Morgan Stanley Reaffirms Buy Rating on Amazon with $335 Target
Morgan Stanley has maintained its 'Buy' rating for Amazon (AMZN.US), keeping its target price at $335. The firm's analyst, Brian Nowak, has a track record of success, with a 57.5% success rate and an average return of 5.7% over the past year, according to TipRanks data.
TipRanks is an independent third-party service that analyzes financial analysts' recommendations and calculates their performance. Nowak's ratings have contributed positively to TipRanks' virtual portfolio over the past year.