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Amazon Stock (AMZN) Forecast Shines as Top Analysts Boost Price Targets After Q3 Beat

Amazon Stock (AMZN) Forecast Shines as Top Analysts Boost Price Targets After Q3 Beat

Author:

Global Cryptocurrency

Published:

2025-10-31 13:52:03

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Amazon's Q3 earnings outperformance has ignited bullish sentiment on Wall Street, with shares surging 13% in pre-market trading to record highs. Analysts at Citizens JMP and Piper Sandler both raised their price targets to $300, citing robust revenue growth and expanding margins across business segments.

The e-commerce giant's cloud division AWS posted 20% YoY growth, with infrastructure capacity projected to double by 2027. Cost-cutting measures and emerging AI product cycles position Amazon for sustained momentum, according to top-rated analysts Andrew Boone and Thomas Champion.

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Elite Summit : Family Offices and Investment Innovation

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