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Amazon on Wednesday reported strong first-quarter earnings that came in both above its guidance and Wall Street's expectations. Operating income, likewise, came in higher than Amazon forecast at $23.9 billion,
Amazon is set to report earnings after the closing bell on Wednesday, with the stock seen potentially rallying to new record highs following the report.
Amazon.com, Inc. stock is rated Buy, with a projected 2028 price target near $400. Click for this look at AMZN ahead of its Q1 earnings release.
Amazon (AMZN) stock gets $325 price target from KeyBanc as Anthropic's $30B revenue run rate boosts AWS growth ahead of April 29 earnings report.
Wedbush on AMZN: Devitt said Amazon had strong third-quarter results and "encouraging" guidance for the fourth quarter, in a new investor note. "We expect there is some conservatism embedded in management's outlook, as the company has outperformed the high ...