Truist Securities has increased its price target for Amazon (AMZN) from $310 to $320 per share. This analyst revision reflects growing confidence in the company's valuation and market performance.
Citi upgraded Amazon's price target citing strong AWS growth driven by AI infrastructure demand, with major contracts from OpenAI, Anthropic, and Nvidia boosting revenue forecasts through 2027.
Amazon plans major corporate layoffs and focuses on capital expenditures and AWS performance ahead of February earnings; Oppenheimer raises price target to $315.
Amazon's stock outlook improves with expected margin relief from layoffs, accelerated AWS cloud growth, and AI-driven retail sales, prompting a price target increase and bullish rating from Roth Capi…
Scotiabank increased Amazon's price target to $300, highlighting strong profit growth prospects and cautious yet steady consumer demand under CEO Andy Jassy's leadership.