AMZN Stock Still A Buy, Says BofA — Even Amid Lofty Valuation - Microsoft (NASDAQ:MSFT), Amazon.com (NASDAQ:AMZN)
1. BofA reaffirms Buy rating on AMZN, price target set at $225. 2. Amazon trades at P/E ratio discount compared to Walmart. 3. Concerns exist over AWS's valuation impact and economic slowdown. 4. Investor sentiment is mixed due to tariff uncertainties. 5. YTD, AMZN shares down over 24%, facing recent analyst downgrades.