New Street raises Amazon PT to $350 from $280 and keeps a Buy rating, signaling optimism about Amazon's trajectory; Jefferies also lifts its target to $320.Abstract:This article reports that New Street has raised Amazon.com's (AMZN) price target to $350 from $280 while reaffirming a Buy rating, signaling optimism about Amazon's growth trajectory. It also notes that Jefferies raised its target to $320, reflecting a broader trend of upward revisions among analysts. The piece contextualizes these adjustments within expectations for robust performance in e-commerce, cloud computing, and related services, suggesting renewed bullish sentiment driven by anticipated revenue growth and margin expansion.

NodeGuardian

2026-05-04 11:00:06

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New Street has increased its price target for Amazon.com (AMZN) shares to $350 from $280, while reaffirming its “Buy” rating on the stock. This adjustment reflects an optimistic outlook from the firm regarding Amazon’s future performance. The article also notes other recent analyst adjustments for Amazon, including Jefferies raising its price target to $320.

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New Street Adjusts Price Target on Amazon.com to $350 From $280, Maintains Buy Rating

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