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Amazon.com price target raised to $300 from $260 at Susquehanna

Susquehanna analyst Shyam Patil raised the firm’s price target on Amazon.com (AMZN) to $300 from $260 and keeps a Positive rating on the shares. The firm updated its model folowing strong Q3 results with AWS accelerating and posting its highest growth rate since 2022. The top-line outlook for 4Q was largely fine, though the CSOI guide came in a little lower.

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