Raymond James Trims Amazon (AMZN) Target, Flags Agentic Commerce Headwinds
AmazonAmazon(US:AMZN) Yahoo Finance·2026-01-19 20:23

Group 1 - Amazon.com, Inc. is closely monitored by analysts as a significant player in the AI sector, with a recent price target adjustment to $260.00 from $275.00 while maintaining an "Outperform" rating [1] - Analysts perceive Amazon as positioned centrally within the AI Stack framework, with the AI narrative expected to influence internet multiples despite a strong fundamental backdrop [2] - The price target reduction reflects caution regarding agentic commerce risks that may favor non-Amazon e-commerce platforms, but this is balanced by positive expectations for AWS and potential gains from robotics [3] Group 2 - The outlook for Amazon heading into Q4 is positive, supported by strong holiday trends, favorable advertising checks, and achievable AWS estimates, with the AI narrative anticipated to be a key driver for stock performance in the upcoming year [4] - The company is involved in various technological advancements, including Trainium/Neuron, Nova/Kira, Alexa+/Rufus, Zoox/Prime Air Drones, and Robotics, which are expected to enhance its AI Stack positioning [4]