Bank of America Securities Remains Bullish on Amazon.com (AMZN)

Amazon.com, Inc. (NASDAQ:AMZN) is one of the most widely held stocks by hedge funds in 2025. Bank of America Securities analyst Justin Post reiterated a Buy rating on Amazon.com, Inc. (NASDAQ:AMZN) on December 18 and set a $303 price target. The analyst based the rating on the company’s solid position in cloud computing and AI, citing Amazon.com, Inc.’s (NASDAQ:AMZN) reported discussions for the investment of over $10 billion in OpenAI. This strategic move is aimed at expanding AI workloads on AWS, deepeni ...