Reported 29 days ago
Oppenheimer has lowered the price target for Amazon.com, Inc. (AMZN) from $250 to $245 while maintaining an 'Outperform' rating. This adjustment follows concerns from investors regarding AWS's performance in the latter half of 2025, as capacity issues are expected to persist. Despite this, CEO Andy Jassy emphasized the transformative potential of AI, with AWS AI revenue continuing to experience significant year-over-year growth. The firm suggests some AI stocks may present more promising investment opportunities.
Source: YAHOO