Analyst Brian White from Monness maintained a Buy rating on Amazon and keeping the price target at $280.00.
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Trade AMZN with leverageBrian White has given his Buy rating due to a combination of factors tied to Amazon’s strategic position in the AI and cloud ecosystem. As the world’s largest cloud provider, Amazon Web Services is poised to capture meaningful upside from accelerating AI adoption, particularly as NVIDIA’s latest roadmap and data‑center investments deepen demand for hyperscale cloud infrastructure.
In addition, recent reports on AWS’s extended partnership with OpenAI and management’s sharply higher long‑term revenue ambitions underscore a significantly larger addressable market than previously forecast. While macroeconomic uncertainty and regulatory scrutiny remain ongoing risks, White judges that Amazon’s innovation cadence and scale advantages in AI and cloud computing outweigh these headwinds, supporting a favorable risk‑reward profile for the stock.
White covers the Technology sector, focusing on stocks such as Apple, Snowflake, and Salesforce. According to TipRanks, White has an average return of 13.3% and a 62.73% success rate on recommended stocks.
In another report released on March 17, Needham also assigned a Buy rating to the stock with a $265.00 price target.