$AMZN - GOLDMAN RAISES AMAZON PT TO $375

Goldman Sachs raised its Amazon price target to $375 from $335, maintaining a Buy rating.

The firm cited accelerating AWS growth, strong AI and custom chip momentum, a higher 2026 capex plan of $220B, robust $496B backlog, solid Prime demand, and 26% advertising growth, saying the results reinforce Amazon's long-term AI and cloud leadership.

$AMZN - GOLDMAN RAISES AMAZON PT TO $375

Goldman Sachs raised its Amazon price target to $375 from $335, maintaining a Buy rating.

The firm cited accelerating AWS growth, strong AI and custom chip momentum, a higher 2026 capex plan of $220B, robust $496B backlog, solid Prime demand, and 26% advertising growth, saying the results reinforce Amazon's long-term AI and cloud leadership.

Source:https://twitter.com/deitaone/status/2083095834820829374