Amazon's $AMZN AWS could reach $1T in revenue in 8-10 years, says Morgan Stanley
Morgan Stanley tells investors in a research note that Amazon's AWS could reach $1T in revenue over the next 8-10 years, creating a path toward $500B of company-wide EBIT and a $500 share price by YE27.
The firm has an Overweight rating and $335 price target on the stock.