Truist Raises Target Price for Amazon.com, Inc. (AMZN) Amid AWS Growth and Antitrust Concerns
Truist has raised its target price for Amazon.com, Inc. (AMZN) to $285 from $280, citing strong growth in AWS and AI adoption. However, Amazon faces antitrust allegations from California's attorney general, which could impact its operations and stock performance.
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Topics: AI Amazon Analyst Rating Antitrust Lawsuit AWS