Amazon’s investment in one-day shipping is likely going to result in higher long-term profits, despite the initial costs to build it out, Morgan Stanley wrote in a note Thursday.In the note, Morgan Stanley raised Amazon’s operating profit estimates for 2021 and its price target to $2,200 per share.The note is the latest in a string of bullish analyst notes about Amazon’s one-day shipping initiative. Click here to read more BI Prime stories.Amazon is spending billions of dollars in making one-day shipping the default for its Prime members. Morgan Stanley is convinced the investment will pay off in a big way.In a note published Thursday, Morgan Stanley analysts wrote that while investors will be disappointed by the near-term hit on profits, Amazon’s investment in faster shipping is expected



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