Wedbush Reiterates Outperform on Amazon (AMZN) Ahead of Earnings

Amazon.com, Inc. (NASDAQ:AMZN) is one of the 10 AI Stocks Gaining Attention on Wall Street. On January 30, Wedbush analyst Dan Ives reiterated an Outperform rating on the stock with a $340.00 price target. The firm sees robust AWS momentum for AMZN, robust Q4 setup, and a $25.2B OI forecast reinforcing multiple expansion potential. The rating affirmation comes ahead of the company’s fourth-quarter earnings report scheduled for Thursday, February 5. Webush believes that investor confidence has been buildin ...