Amazon (AMZN) reports Q3 earnings, beats estimates with EPS of $1.95 and revenue of $180.2 billion. Shares down 3% in after-hours trading, up 1.5% year to date. Options data suggests a potential 6% move up by end of the week, with upside projected for AMZN stock through 2025. UBS analyst maintains “Buy” rating, raises price target to $279. AWS revenue exceeds expectations at $33.01 billion. Wall Street firms also bullish on AMZN, with consensus rating of “Strong Buy” and mean target of $268 indicating 20% potential upside.
Read more at Barchart: Options Data Tells Us Where Amazon Stock Could Be Headed Next After Q3 Earnings
