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Amazon: Morgan Stanley Ups To Overweight; Target $325

Monday, 7 January 2013

Morgan Stanley analyst Scott Devitt this morning upped his rating on Amazon.com to Overweight from Equal Weight, setting a price target of $325. The stock closed Friday at $259.15.
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Source: Financial News Network - on January 10, 2013

News video: Morgan Stanley Could Cut 1,600 Jobs

Morgan Stanley Could Cut 1,600 Jobs

Morgan Stanley (NYSE:MS) could be cutting some 1,600 jobs at its securities unit, according to sources familiar with the matter. The layoffs are just the start of a wider effort to cut costs in the face of new regulations and capital standards.

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