Analyst updates Amazon stock price target

Thanks to the size of its business and position in several major and growing industries, such as e-commerce and artificial intelligence (AI), Amazon (NASDAQ: AMZN) has been a highly successful company in 2024 and in the years before.An early January 2025 rating revision provided by Wolfe Research’s Shweta Khajuria demonstrates the continued faith in the strong performance of AMZN shares and of Jeff Bezos’ company as a whole.Specifically, Khajuria explained that his firm still considers Amazon stock a ‘top p ...