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

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Amazon.com stock was lower Monday after analysts at Morgan Stanley cut their price target, saying a push by the online retailer and tech giant to add to its logistics workforce was adding to profit pressures. 

Amazon (ticker: AMZN) fell 1.97% to $3,358.04. Higher bond yields also were hitting the stock Monday, as they were other fast-growing tech shares. The Nasdaq was falling 0.38%.

Morgan…


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