Amazon Closing The Gap In AI Race: Analysts

Amazon.com Inc (NASDAQ:AMZN) secured fresh bullish backing from Wall Street on Wednesday as analysts lauded the tech giant's "agent-driven" artificial intelligence strategy and custom chip breakthroughs unveiled at Amazon Web Services re:Invent.Bank of America Securities analyst Justin Post reiterated a Buy rating on Amazon and raised the price forecast from $272 to $303.JP Morgan analyst Doug Anmuth reiterated an Overweight rating on Amazon and set a price forecast of $305.Wedbush analyst Scott Devitt reit ...