Stocks
Rosenblatt Initiates Buy Rating on Amazon with Price Target of $335
Rosenblatt Securities has initiated coverage on Amazon.com Inc. () with a buy rating and a price target of $335.00, according to Investing.com.
The firm's analyst Barton Crockett assumes coverage from a broader launch on the eCommerce sector.
Rosenblatt expects Amazon Web Services (AWS) to exit 2026 at 45% growth, surpassing the Street estimate of 38%, with AWS growing 37% year-over-year in the second quarter.
The firm projects that AWS will reach $335 billion or more by 2028.