Stifel Stays Bullish on Amazon (AMZN) Ahead of Earnings

Amazon.com, Inc. (NASDAQ:AMZN) is one of the AI Stocks in Focus on Wall Street. On January 27, Stifel analyst Mark Kelley raised the price target on the stock to $300.00 from $295.00 on Tuesday, while maintaining a Buy rating. The firm cited positive ad checks, robust e-commerce trends, and solid AWS growth for the price target raise. Amazon is set to report its earnings on February 5, with analysts optimistic on the stock as it heads closer to the day. The firm cited supportive fundamentals across multi ...