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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMZN: