Wall Street sets Amazon stock price 12-month target

On March 4, Amazon’s (NASDAQ: AMZN) extensive ties with the artificial intelligence (AI) company Anthropic provided the latest prompt to Wall Street to revise its outlook for the e-commerce and technology giant.Specifically, Bank of America’s (NYSE: BAC) Justin Post issued a note on Wednesday in which he reiterated BofA’s recent ‘Buy’ rating for AMZN stock. The Wall Street expert simultaneously confirmed Amazon shares are still expected to rally 27.47% from their press time price of $215.74 in the coming 12 ...