Amazon (AMZN): $4,200 Price Target From Morgan Stanley

By Amit Chowdhry ● Jan 16, 2022
  • The shares of Amazon (NASDAQ: AMZN) have received a $4,200 price target from Morgan Stanley. These are the details.

The shares of Amazon (NASDAQ: AMZN) have received a $4,200 price target from Morgan Stanley. And Morgan Stanley analyst Brian Nowak increased the price target on Amazon from $4,000. 

In the research report, Nowak drove forward his valuation to 2022. And Nowak improved disclosure within tech — which led to multiple expansions over the past 5+ years and Amazon has been a player in disclosure in the past like with the AWS disclosure in 2015. But with the stock having lagged Alphabet, Meta, Microsoft, and Apple by anywhere from 27% to 77% over the past 18 months, Nowak believes improved disclosure could be a positive (and needed) catalyst. 

Going forward, Nowak believes better visibility into Amazon’s estimated $19 billion spent on engineers per year excluding AWS and emerging other bets projects could help investors better understand the health of the company’s core retail business and the still-strong underlying unit economics in retail.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.