Evercore Reaffirms Amazon’s AWS Momentum with $335 Price Target

Evercore ISI reiterated its “Outperform” rating and $335 price target for Amazon following key takeaways from AWS re:Invent. The firm cites a sustainable AWS growth inflection, expectations of 20%+ cloud expansion by 2026, and resolved supply constraints. With Trainium 3 now available and cloud demand accelerating, Evercore maintains confidence in AWS as a major long-term growth driver for Amazon.

https://finance.yahoo.com/news/amazon-amzn-aws-momentum-strengthens-220708794.html