Amazon is trading at $257.79, up 3.12%, in live trading on October 19, 2026, after Morgan Stanley raised its price target to $350 from $335 and named the company a top pick, citing potential catalysts including AWS growth.

  • CNBC reported the analyst action before the market opened.
  • Reuters reported Amazon among megacap stocks rising as AI shares recovered from last week’s selloff, supporting a broader rebound in technology and AI-linked shares.