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

barrons logo

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit

  • Order Reprints

  • Print Article 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%.


Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button