Barclays raised the firm’s price target on Amazon.com (AMZN) to $275 from $240 and keeps an Overweight rating on the shares post the Q2 report. The firm says nearly every line in Amazon’s retail business accelerated in the quarter. While management’s tone around the second half of 2025 “sounds upbeat,” the post-earnings share selloff isn’t surprising after the underperformance versus Azure, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMZN:
- Amazon’s Strong Retail Performance and AWS Growth Potential Justify Buy Rating
- Amazon’s Strong Q2 2025 Performance and Positive Outlook Justify Buy Rating
- Amazon Reports Strong Q2 2025 Financial Results
- TRB Advisors LP Boosts Stake in Amazon with 100,000 Shares
- ARK Investment Management LLC Boosts Amazon Holdings