Morgan Stanley cuts Amazon price target, citing rising wages

A employee sits on a wall dividing an off-the-cuff settlement from the brand new Amazon achievement heart, which is below building at RMSG Alamar Industrial Park, in Tijuana, Mexico September 7, 2021.

Jorge Duenes | Reuters

Amazon faces revenue pressures as a result of rising wages, Morgan Stanley mentioned in a uncommon unfavourable word for the web retail big.

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