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Amazon.com price target raised to $240 from $230 at TD Cowen
The Fly

Amazon.com price target raised to $240 from $230 at TD Cowen

TD Cowen raised the firm’s price target on Amazon.com (AMZN) to $240 from $230 and keeps a Buy rating on the shares. The firm posted a storng beat and Q4 guidance and CEO Andy Jassy noted that GenAI could deliver faster AWS rev growth over time as the tech scales.

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