Amazon shares fall to $250, then rebound as Morgan Stanley lifts target
The gist
Amazon stock closed at $250.00 on Oct 16, down 1.87% in a broad Wall Street sell-off.
Morgan Stanley's $350 target implies about 40% upside before Q3 results on Oct 29.
How it unfolded
- Oct 12, 2026Amazon fell 1.11% to $259.53 from $262.43, with 25 million shares traded. StockInvest.us rated it a Buy Candidate with a technical score of 4.59 on its -10 to +10 scale.
- Oct 14, 2026TipRanks listed AMZN at $261.06, down 0.66%, with a 52-week range of $196.00 to $287.20 and a market cap of $2.70T.
- Oct 15, 2026Simply Wall St reported Amazon last closed at US$254.08 and that the stock returned 98.3% over the past 3 years.