Amazon.com, Inc. (NASDAQ:AMZN) is one of the Trending AI Stocks in Focus This Week. Jefferies reiterated the stock as “Buy” and raised its price target on Amazon to $265 per share from $255. The firm is confident that Amazon’s revenues will stay strong and that profit margins will improve in the second quarter.
“We see resilient revs and potential margin upside in Q2.”
In other news, BofA Securities analysts removed Amazon (AMZN) from its prestigious US 1 List on the same day. The US 1 List pinpoints the firm’s top investment ideas.
Despite being removed from the list, the financial institution has confirmed that the company will maintain its “Buy” rating. The rating affirmation signifies that Amazon is still a strong contender in the market.
Amazon.com Inc. (NASDAQ:AMZN) is an American technology company offering e-commerce, cloud computing, and other services, including digital streaming and artificial intelligence solutions.
While we acknowledge the potential of AMZN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 10 Trending AI Stocks on Wall Street and 10 Must-Watch AI Stocks on Wall Street.
Disclosure: None.
