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Monness, Crespi, Hardt Bullish on Amazon.com (AMZN) Ahead of AWS Summit Online

May 10, 2021 11:24 AM EDT

Monness, Crespi, Hardt analyst Brian White reiterated a Buy rating on Amazon (NASDAQ: AMZN) ahead of the AWS Summit Online that is due to start on Wednesday. Keynote speakers include Peter DeSantis (SVP, AWS Global Infrastructure and Customer Support) and Dorothy Li (VP, AWS BI and Analytics).

In our view, AWS has proven invaluable in supporting organizations around the world during this pandemic and we expect this crisis to act as a catalyst for faster cloud adoption in the coming years. In the end, we believe Amazon is uniquely positioned to exit this... More