Amazon(US:AMZN) Zhi Tong Cai Jing·2025-08-04 07:12Core Viewpoint - Oppenheimer analyst Jason Helfstein has lowered Amazon's (AMZN.US) target price from $250 to $245 while maintaining an "outperform" rating due to concerns over AWS's outlook for the second half of 2025 [1] Summary by Relevant Sections Target Price Adjustment - The target price for Amazon has been reduced from $250 to $245 [1] AWS Performance and Outlook - Investors are concerned about the lack of positive outlook for Amazon Web Services (AWS) in the second half of 2025, with capacity issues expected to persist at least until the end of the year [1] - AWS's Q2 revenue grew slightly over 17%, reaching $30.9 billion, just above the analyst average expectation of $30.8 billion [1] - In comparison, Microsoft Azure's revenue grew by 39% and Google Cloud's revenue grew by 32% during the same period [1] AI Business Growth - Amazon's CEO reiterated that artificial intelligence represents "the biggest technological transformation of a lifetime" [1] - AWS's AI business revenue continues to grow at a triple-digit annual rate, with applications within AWS still in the early stages [1] - Despite tariff impacts, the company has not observed any signs of consumer demand weakening [1]