Wall Street analyst updates Amazon stock price target

Wall Street analysts remain constructive on Amazon (NASDAQ: AMZN), with Bank of America Securities maintaining a bullish stance on the stock following recent developments in the company’s artificial intelligence (AI) strategy. In this case, Justin Post of BofA reiterated a ‘Buy’ rating on Amazon shares and kept the firm’s price target unchanged at $303. Indeed, this target represents an increase of 27% from the press time price of $238AMZN one-week stock price chart. Source: FinboldThe analyst’s view is und ...