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China Merchants Securities International Boosts Amazon's Target Price to $271, Affirms 'Buy' Rating
2025-08-04 /
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Author：小编
Amazon's second-quarter financial report revealed a net sales figure of $167.7 billion, marking a robust 13% year-over-year growth. Both operating profit and net profit surpassed analysts' expectations. In light of this positive performance, China Merchants Securities International has elevated its target price for Amazon to $271, while maintaining a 'Buy' rating. The firm expresses optimism regarding Amazon's advancements in AI, the growth potential of AWS, and the mitigation of tariff impacts. Furthermore, it anticipates that Amazon's capacity constraints will gradually diminish.
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