BofA Raises its Price Target on Amazon.com (AMZN)
BofA Raises its Price Target on Amazon.com (AMZN).
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Amazon.com, Inc. (NASDAQ:AMZN) is one of the 15 Best NASDAQ 100 Stocks to Buy Other Than SpaceX .
On July 7, 2026, BofA raised the firm's price target on Amazon.com, Inc. (NASDAQ:AMZN) to $165 from $145 and kept a Buy rating on the shares. BofA cited Nielsen point-of-sale data showing domestic SN product sell-through accelerated in late June, helped by the timing of Amazon Prime Day and upward revisions to prior weeks. The firm said Q2 trends moved above prior estimates, supporting the higher target on stronger sales momentum.
On July 8, TD Cowen analyst John Blackledge lowered the firm's price target on Amazon.com to $340 from $350 and kept a Buy rating on the shares. Blackledge forecast Q2 revenue of $200.1B, 2% ahead of consensus, driven by accelerating AWS growth. Blackledge also expects operating income to be about 10% above consensus, driven by AWS and expanding North American margins.
On July 7, Bloomberg reported that Amazon is seeking to raise at least $25B through a U.S. dollar bond sale to fund investments in artificial intelligence infrastructure. The offering size could increase depending on investor demand. The company is selling the debt in as many as eight tranches, ranging from three to 40 years, with Barclays (BCS), Goldman (GS), JPMorgan (JPM), and Morgan Stanley (MS) managing the offering.
Amazon.com, Inc. (NASDAQ:AMZN) engages in the retail sale of consumer products, advertising, and subscription services through online and physical stores in North America and internationally.
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Sinergia Empresarial continuará el seguimiento de esta información sobre bofA Raises its Price Target on Amazon.com (AMZN) y ampliará la cobertura conforme se confirmen nuevos elementos relevantes para el ecosistema empresarial.
