Overview
- AWS said the Options Clearing Corporation completed a comprehensive review of its AWS environment, with findings confirming OCC controls aligned with regulatory requirements.
- BMO kept Amazon as a Top Pick and raised its price target to $304 after checks with former AWS staff, lifting its Q1 2026 AWS growth forecast to 24% from 23%.
- Evercore ISI initiated a Buy with a $335 target, citing a deep dive on Rufus and the view that agentic commerce could lift sales and advertising, with the firm estimating up to $4 billion more ad revenue by 2028.
- Wolfe Research maintained an Outperform but cut its price target to $275, underscoring divergent views on the trajectory of Amazon’s growth.
- Jim Cramer argued the stock’s recent lag was a misread of fundamentals, pointing to signs of AWS reacceleration alongside solid retail and advertising performance.