-
Posted by
Two Blokes Jul 13 -
Filed in
Stock
-
4 views
I am reiterating my 'buy' rating for Amazon with an updated price target of $262, citing at least 16% upside potential. Amazon's upcoming AI agent marketplace launch and deepening partnership with Anthropic will drive enterprise AI adoption and strengthen AWS leadership. This explains why management held its $100B capex target for FY25 as it builds capacity and custom silicon innovation to support its AI business that is growing at a triple-digit rate.
