Amazon (AMZN) option implied volatility flat as shares near 30-week low

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Amazon (AMZN) falls as bull cuts AWS numbers

December 16, 2022 12:27 PM EST

Amazon (NASDAQ: AMZN) shares fell 1.5% Friday, modestly underperforming today's market swoon, following a number cut by bullish analyst Doug Anmuth from JP Morgan.

Anmuth, who continues to rate shares at Overweight, trimmed 2023 estimates due to AWS softness and lowered his price target to $130 from $145 - suggesting 47% upside to... More