Stifel raises Amazon’s price target to $269 on October 24, with a Buy rating. ASPs staying stable in Q2 and Q3 suggest consumer spending is steady. Same-Day grocery delivery expansion for Prime members could bring upside in 2026. Benchmark reaffirms Buy rating with $260 price target on October 22, expects AWS growth and better operating income margins. Amazon focuses on e-commerce, cloud computing, digital streaming, and AI solutions. Consider AI stocks with greater upside potential and less downside risk. Explore the best short-term AI stock for potential benefits.
Read more at Yahoo Finance: Stifel and Benchmark Keep Buy Ratings on Amazon (AMZN)
