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

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

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  • Print Article 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%.


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