Citizens Boosts Amazon Price Target on AWS Growth and Anthropic Bets Ahead of Q4

TL;DR Summary
Citizens’ Andrew Boone lifted AMZN’s price target to $315 from $300 and reaffirmed a Buy, implying over 30% upside. Boone cited AWS growth and Amazon's investment in Anthropic as key drivers. Wall Street expects Amazon to report Q4 FY25 earnings of $1.97 per share on about $211.4 billion in revenue. TipRanks shows a Strong Buy consensus with an average target of $296.79, about 24% upside.
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