Amazon.com (NASDAQ:AMZN) had its target price hoisted by research analysts at Morgan Stanley from $230.00 to $280.00 in a research report issued on Monday,Benzinga reports. The brokerage presently has an “overweight” rating on the e-commerce giant’s stock.

Morgan Stanley raised the firm’s price target on Compass (COMP) to $6 from $5.75 and keeps an Equal Weight rating on the shares. The firm sees GPU enabled and GenAI tool adoption driving fundamental upside and outperformance among the North American Internet group.

RBC Capital Markets adjusted their outlook on Morgan Stanley (NYSE:MS) shares, raising the price target from $122.00 to $142.00. The firm maintained a Sector Perform rating on the stock. The upgrade comes as Morgan Stanley's stock trades near its 52-week high of $136.

Morgan Stanley lowered the firm’s price target on Playtika (PLTK) to $8 from $8.50 and keeps an Equal Weight rating on the shares. The firm sees GPU enabled and GenAI tool adoption driving fundamental upside and outperformance among the North American Internet group.

Morgan Stanley’s fourth-quarter profit more than doubled, boosted by trading revenue that came in well ahead of estimates on volatility tied to the US elections.

Morgan Stanley's profit increased in the fourth quarter, fueled by a wave of dealmaking and stock sales that drove its revenue to a full-year record. Investment banking fees gained from a surge in mergers and acquisitions as sentiment was boosted by a strong U.

A surge in investor activity late last year and market appreciation boosted Morgan Stanley Wealth Management’s total client assets to $6.2 trillion at the end of the fourth quarter, a 21% increase over the same period last year.