Amazon Stock Is Falling Because Morgan Stanley Cut Its Price Target. This Is the Big Problem.

Amazon Stock Is Falling Because Morgan Stanley Cut Its Price Target. This Is the Big Problem.

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https://www.barrons.com/articles/amazon-amzn-stock-price-target-cut-51632755695


Updated Sept. 27, 2021 11:33 americium ET / Original Sept. 27, 2021 11:15 americium ET

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Amazon.com banal was little Monday aft analysts astatine Morgan Stanley chopped their terms target, saying a push by the online retailer and tech elephantine to adhd to its logistics workforce was adding to nett pressures. 

Amazon (ticker: AMZN) fell 1.97% to $3,358.04. Higher enslaved yields besides were hitting the banal Monday, arsenic they were different fast-growing tech shares. The Nasdaq was falling 0.38%.

Morgan...


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