Moffett Nathanson Remains Bullish on Amazon.com (AMZN), Raises PT to $253 from $250

Amazon.com, Inc. (NASDAQ:AMZN) is one of the 13 Best Long Term Growth Stocks to Invest in Right Now. In a report released on June 25, Michael Morton from Moffett Nathanson maintained a Buy rating on Amazon.com, Inc. (NASDAQ:AMZN), raising the price target on the stock to $253 from $250.

Amazon.com (AMZN) Turns Up the Heat in CTV Ad Wars With Fresh DSP Discounts

A customer entering an internet retail store, illustrating the convenience of online shopping.

Morton reasoned that Amazon.com, Inc. (NASDAQ:AMZN) is well-positioned to exceed profit expectations in 2025 and 2026, even if cost pressures increase in its cloud unit, Amazon Web Services (AWS).

Amazon.com, Inc. (NASDAQ:AMZN) is a multinational technology company that provides online retail shopping services. It operates through the North America, International, and Amazon Web Services (AWS) segments. Its AWS segment covers global sales of storage, computers, databases, and other services for government agencies, academic institutions, startups, and enterprises.

While we acknowledge the potential of AMZN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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