Wall Street Bullish on Amazon.com, Inc. (AMZN) with Strong Buy

Wall Street analysts maintain a bullish outlook on Amazon.com, Inc. (AMZN) with a Strong Buy rating and an average upside potential of 9%. Oppenheimer recently raised its price target to $275, citing a positive trajectory for AWS, while UBS increased its target to $304 due to momentum from deals with Anthropic and OpenAI. Amazon also secured a multi-year, multi-billion-dollar deal with Meta to provide AWS’s Graviton5 CPU chips, further solidifying its market position.

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