Amazon's AI-Powered 4-Day Prime Day Will Drive Billions In Sales

Bank of America Securities analyst Justin Post maintained a Buy rating on Amazon.com AMZN with a price forecast of $248 on Tuesday.Amazon’s 11th Prime Day event kicks off on July 8 and extends for 4 days, double last year’s 2-day event, but will offer early access promotions like the previous year, Post noted.The analyst said the event offers millions of deals on 35+ categories spanning electronics, fashion, and personal care, as well as savings on Amazon’s less penetrated categories like grocery, gasoline, ...