Jan. 15 at 10:57 PM
$AMZN Raymond James lowered the firms price target on Amazon to
$260 from
$275 and keeps an Outperform rating on the shares. The outlook into Q4 appears positive on strong holiday trends, favorable ad checks, and beatable AWS expectations, though the AI narrative is likely to be the dominant driver of stock performance next year, the analyst tells investors in a research note. Street AWS growth estimates look conservative, with bottom-up modeling pointing to 22%-23% growth in 2026 versus current consensus of 20%-21%, the firm says.
View the new Price Targets & Analyst Commentary for list of Analyst Firms below
1. TD Cowen
2. RBC Capital
3. Rosenblatt
4. Susquehanna
5. Morgan Stanley
6. Cantor Fitzgerald
7. Evercore ISI
8. DA Davidson
9. Benchmark
10. Baird
11. Oppenheimer
12. Roth Capital
13. Bernstein
14. Stifel
$QQQ
https://www.investingyoung.ca/post/amazon-analyst-upgrades-price-targets-and-commentary-from-wall-street
