Stifel raised the firm’s price target on Amazon.com (AMZN) to $269 from $260 and keeps a Buy rating on the shares as part of a broader research note previewing Q3 results in e-commerce. The management’s commentary in Q2 that average sales prices had not risen materially remained the case in Q3, leaving the firm’s estimates unchanged based on perceived stability in consumer spend, and the expansion of Same-Day grocery delivery for Prime members may leave some upside for 2026, the analyst tells investors in a research note.
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