Amazon Analysts See Growth Ahead With AWS In 'Early Innings Of A Big AI Cycle,' Advertising Segment Fast-Growing 'Hidden Asset'

Benzinga · 01:46

Amazon.com Inc(NASDAQ:AMZN) analysts see strength in AWS, retail and advertising after the company's third-quarter results.

The Amazon Analysts:Bank of America analyst Justin Postreiterated a Buy rating on Amazon and raised the price target from $210 to $230.

Wedbush analystScott Devittmaintained an Outperform rating and raised the price target from $225 to $250.

Goldman Sachs analystEric Sheridanmaintained a Buy rating and raised the price target from $230 to $240.

Needham analystLaura Martinmaintained a Buy rating with a $210 price target.

RBC Capital Markets analystBrad Erickson maintained an Outperform rating and raised the price...

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Amazon Analysts See Growth Ahead With AWS In 'Early Innings Of A Big AI Cycle,' Advertising Segment Fast-Growing 'Hidden Asset'

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