Reported 3 days ago
Amazon.com, Inc. (AMZN) continues to attract Wall Street attention as it expands its market share by leveraging a substantial $670 billion annual revenue base. Analysts highlight the company's strategy to offer same-day delivery of perishable groceries, enhancing its appeal to Prime members and strengthening its competitive stance in the grocery sector. With growth opportunities in grocery, private brands, pharmacy, logistics, and generative AI, Amazon is positioning itself for continued success, supported by solid growth in AWS and advertising, while maintaining an Outperform rating with a price target of $265.
Source: YAHOO