Moffett Nathanson raises Amazon.com price target to $253, bullish on long term growth

From Yahoo Finance: 2025-06-28 04:52:00

Amazon.com (AMZN) is identified as one of the 13 Best Long Term Growth Stocks to Invest in Right Now, with an increased price target of $253. Michael Morton from Moffett Nathanson believes AMZN is well-positioned to exceed profit expectations through 2025 and 2026, despite potential cost pressures in its AWS segment.

Amazon.com (AMZN) is a multinational tech company offering online retail services through segments like North America, International, and AWS. AWS encompasses global sales of storage, computers, databases, and other services. While AMZN is recognized as a solid investment, some AI stocks may offer greater upside potential and lower downside risk.

In the realm of CTV ad wars, Amazon.com (AMZN) is ramping up the competition with fresh DSP discounts. Morton’s report highlights AMZN’s potential for profit growth in the coming years, even with challenges in the AWS segment. The convenience of online shopping continues to attract customers to internet retail stores.

Read more: Moffett Nathanson Remains Bullish on Amazon.com (AMZN), Raises PT to $253 from $250