Why Amazon’s lagging stock now may offer the perfect buying opportunity
1. Wells Fargo upgrades AMZN to overweight with a $280 price target. 2. Concerns about AWS losing market share to competitors persist. 3. AWS growth is projected at 22.1% in 2026, boosted by partnership with Anthropic. 4. Project Rainier will significantly enhance AWS capacity and margins. 5. AMZN's current performance ranks it as the worst in the 'Magnificent Seven'.