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203 days

Amazon Stock Sets a Record. Analysts Expect More Gains. - Barron's

1. AMZN reached a record high of $241.77, raising market cap to $2.5 trillion. 2. Analysts remain bullish; target price increased to $280, indicating 16% upside potential. 3. Fourth-quarter operating income forecast raised to $20.7 billion, above consensus expectations. 4. Falling AI training costs and increased adoption should benefit AMZN's returns. 5. Wedbush expects AMZN to outperform in 2025, driven by growth initiatives.

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FAQ

Why Bullish?

Analysts' strong ratings and raised targets reflect positive sentiment for AMZN. Previous earnings beats have generally led to upward price movements.

How important is it?

Strong analyst ratings and operating income predictions suggest significant influence on AMZN's stock trajectory.

Why Long Term?

Analyst forecasts and market expectations build bullish sentiment over time. Long-term initiatives like Project Kuiper signal future growth potential.

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