Analysts remained overwhelmingly bullish on Amazon, although most cut their price targets.
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Wall Street analysts noted that shares of Amazon look more compelling following their Friday selloff.
Amazon said much of its big spending would be focused on artificial intelligence data centers.
While reiterating our 1 rating on Amazon, we had no choice but to lower our price target on the selloff over management's massive…
Amazon is coming off of strong first quarter earnings and revenue. But in its last report, the company gave light guidance for…
Amazon shares fell 7% on Friday after management issued a 2026 capital expenditures guide of $200 billion.
The market will nitpick a couple of areas in the quarter over the next few days, but the thesis on Amazon is unchanged.
