Analysts Remain Optimistic for Amazon.com (AMZN)

Core Insights - Amazon.com, Inc. (NASDAQ:AMZN) is recognized as one of the best consumer cyclical stocks according to analysts, with significant involvement in the AI ecosystem through partnerships and its AWS cloud business [1] Analyst Recommendations - As of November 28th, 48 out of 67 analysts recommend buying Amazon.com, with 16 ratings as Strong Buy and 3 as Hold, leading to an average price target of $294.65 [2] Recent Analyst Coverage - Recent analyst actions include Rosenblatt maintaining a Buy rating with a price target increase from $298 to $305 following strong AWS growth, while Rothschild Redburn downgraded the stock to Neutral due to concerns over returns from AI investments [3] AWS Capacity Growth - During the third-quarter earnings call, CEO Andy Jassy highlighted that Amazon has added 3.8 gigawatts of capacity in the past year, with plans to double overall capacity by the end of 2027, indicating strong growth potential in AWS [4]