Analysts revise Amazon stock price target

Amid continuous investments in its artificial intelligence (AI) future, with an increased focus on data-center infrastructure rather than retail warehouses, certain Wall Street analysts have updated their Amazon (NASDAQ: AMZN) stock price targets for the next 12 months.Indeed, after hitting an all-time high (ATH) of $197.80 on June 27, 2024, Amazon stock slightly retraced but remained comfortably in the area above $190, more recently returning above $195 and threatening to break the record again with its re ...