Amazon.com, Inc. (NASDAQ: AMZN) saw a price target increase to $275.00 from $250.00 by Scotiabank analyst Nat Schindler. Despite mixed investor sentiment, Amazon achieved record sales during Prime Day, surpassing any previous four-day event. However, potential margin pressure on Amazon Web Services (AWS) may lead to weaker margins. Investor concerns about AI development have also been acknowledged.

Read more at Yahoo Finance: Scotiabank Ups Amazon PT to $275, Maintains Bullish View Despite AWS Headwinds