Tigress Financial Raises Amazon Price Target to $305 Amid Positive Outlook
Tigress Financial Raises Amazon Price Target to $305 Amid Positive Outlook

Tigress Financial Raises Amazon Price Target to $305 Amid Positive Outlook

News summary

Multiple financial analysts have raised their price targets for Amazon.com, reflecting growing confidence in the company's performance and future prospects. Tigress Financial increased its 12-month target to $305, highlighting Amazon's strong e-commerce, fulfillment, and ongoing AI innovation as key growth drivers, while Baird also raised its target to $220, noting the continued strength of AWS and rapid growth in advertising. Consensus from Wall Street analysts remains strongly positive, with most recommending the stock as a 'Buy' or 'Outperform.' Amazon's robust financials, including impressive revenue growth and a solid balance sheet, support ongoing investments in technology infrastructure and AI-driven initiatives. These factors are expected to drive further improvements in customer experience, operational efficiency, and shareholder value. Strategic projects like Project Kuiper and sizable capital expenditures also reinforce Amazon's commitment to long-term innovation and market leadership.

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