Tigress Financial analyst Ivan Feinseth raised the firm’s price target on Amazon.com (AMZN) to $290 from $245 and keeps a Buy rating on the shares. Amazon continues to benefit from strong retail trends, its ability to leverage generative AI and its fulfillment capabilities, along with the integration of AI across all of its business lines, says the firm, which notes that its 12-month target price represents a potential return of 30% from current levels.
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