Amazon.com, Inc. (NASDAQ:AMZN) is closely monitored by analysts, with Baird maintaining an “Outperform” rating and raising the price target to $244.00. The firm sees potential in Amazon Space Platform as a long-term investment. Wells Fargo also labels Amazon, Alphabet, and Expedia as “Equal Weight,” suggesting they are good tactical longs ahead of earnings. Investors are favoring higher beta names like AMZN, GOOG, and EXPE, expecting high volatility.
Amazon.com Inc. (NASDAQ:AMZN) is a tech company offering various services, including e-commerce, cloud computing, and AI solutions. While AMZN is seen as a good investment, some AI stocks may offer better upside potential with less downside risk. For those interested in undervalued AI stocks benefiting from tariffs and onshoring trends, a free report on the best short-term AI stock is available.
Read more at Yahoo Finance: Baird Lifts Amazon (AMZN) Price Target Ahead of Earnings, Citing New Growth Bets