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BofA Securities Previews Amazon.com (AMZN) Prime Day, 'Discounts starting earlier, and broader, than prior years'

July 15, 2024 6:31 AM EDT

BofA Securities analyst Justin Post reiterated a Buy rating and $220.00 price target on Amazon.com (NASDAQ: AMZN).

The analyst comments "In our view, this years press release was more focused on early access deals and discounted services than last year,... More

Amazon stock: GenAI 'already a multi-billion dollar business' says JPM

July 11, 2024 11:09 AM EDT

JPMorgan analysts reiterated their Overweight rating and price target of $240 a share on Amazon (NASDAQ: AMZN) in a note this week, highlighting the company's significant strides in generative AI.

The investment bank said the AWS NYC Summit on Wednesday underscored the pivotal role of GenAI, with Amazon's AWS VP of AI Products, Dr. Matt Wood, confirming that GenAI has already evolved into a multi-billion dollar business.

JPMorgan... More