AI fuels cloud computing boom for tech giants

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Amazon.com (AMZN) PT Raised to $246 at MoffettNathanson

May 1, 2024 6:24 AM EDT

MoffettNathanson analyst Michael Morton raised the price target on Amazon.com (NASDAQ: AMZN) to $246.00 (from $230.00) while maintaining a Buy rating.

The analyst comments "We are comfortable with revenue assumptions and think a focus on Amazons cost centers is the opportunity... More

Amazon.com (AMZN) PT Raised to $210 at Roth/MKM

May 1, 2024 5:06 AM EDT

Roth/MKM analyst Rohit Kulkarni raised the price target on Amazon.com (NASDAQ: AMZN) to $210.00 (from $205.00) while maintaining a Buy rating.

The analyst comments "AMZN reported an impressive 1Q beat with revenue coming close to high-end guide and op income materially... More