Piper Sandler Keeps Overweight on Amazon (AMZN), Sets $233 Target Ahead of Holiday Season and AWS Momentum

Group 1 - Amazon.com, Inc. is being closely monitored by analysts as a significant AI stock, with Piper Sandler maintaining an Overweight rating and a price target of $233.00, driven by the holiday season and AWS product momentum [1] - Solid growth was observed from Black Friday to Cyber Monday, with holiday season spending projected to increase by approximately 5%, which is seen as a positive indicator for advertising-focused companies, including Amazon [2] - AWS re:Invent 2025 showcased advancements in scale, hardware, and new product developments, with a focus on the Agentic platform era, further supporting the Overweight rating for Amazon [3]