New Wall Street research on 3 stocks leans into the reasons we own each of them

Market Overview - Wall Street experienced a modest decline, with the S&P 500 and Nasdaq slipping from record highs as investors assess trade and economic updates [1] - U.S.-China trade talks are reportedly becoming more productive, with Treasury Secretary expressing confidence in a potential deal [1] - August retail sales exceeded expectations, but did not alter predictions for a 25 basis point interest rate cut by the Federal Reserve [1] - Market expectations remain high for a total of 75 basis points of Fed easing by year-end, according to CME FedWatch tool [1] Company Updates - Amazon's price target was raised by Truist to $270 per share from $250, with credit card data indicating North American revenue tracking $1 billion above consensus estimates [1] - Analysts noted Amazon's conservative forecasting history, which may lead to a conservative outlook for the upcoming quarter [1] - Goldman Sachs received a price target increase from Wells Fargo, raised to $855 from $785, benefiting from strong capital markets activity and demand [1] - Microsoft announced a 10% increase in its quarterly dividend, aligning with its five-year average, and has over $55 billion remaining in its share repurchase authorization [1]