*Walter Bloomberg|Jul 31, 2026 07:42
AMZN - GOLDMAN RAISES AMAZON PT TO $375
Goldman Sachs raised its Amazon price target to $375 from $335, maintaining a Buy rating.
The firm cited accelerating AWS growth, strong AI and custom chip momentum, a higher 2026 capex plan of $220B, robust $496B backlog, solid Prime demand, and 26% advertising growth, saying the results reinforce Amazon's long-term AI and cloud leadership.(*Walter Bloomberg)
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