AMZN "Never Healthier," Global Retail Flexes as A.I. Builds Muscle
Portfolio Pulse from
Jim Kelleher has raised his price target on Amazon (AMZN) despite a dip in the company's stock following earnings. He highlights the strength of AWS revenue and global retail, which he believes investors have overlooked.
February 07, 2025 | 4:00 pm
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Jim Kelleher has increased his price target for Amazon, emphasizing the strength of AWS revenue and global retail, which he believes investors have overlooked despite a post-earnings stock dip.
The analyst's decision to raise the price target suggests confidence in Amazon's future performance, particularly in AWS and global retail. This positive outlook could lead to a short-term increase in stock price as investors reassess the company's potential.
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IMPORTANCE 80
RELEVANCE 100