AMZN - AWS MOMENTUM DRIVES AMAZON PT HIKE Wells Fargo raised Amazon's price target to $313 from $312 while maintaining its Overweight rating. The firm expects AWS growth to accelerate on strong AI demand, expanding compute capacity, and improving pricing power. While Prime Day timing may weigh on near-term revenue, Wells Fargo believes Amazon's cloud leadership and AI investments support stronger earnings and long-term upside.(*Walter Bloomberg)