CoinScoopWells Fargo Hikes Amazon Stock Price Target
Wells Fargo has raised its price target for Amazon (AMZN) from $328 to $338, maintaining a buy rating. Analyst Ken Gawrelski cited the rapid expansion of Amazon Web Services (AWS) and increasing demand for AI-related cloud infrastructure as key drivers for the company's growth.
Summaries are written by AI from the original article. Not investment advice.