Amazon.com, Inc. (NASDAQ:AMZN) traded flat as analysts reiterated bullish views and raised price targets, signaling steady investor confidence.
The company also drew attention for expanding AI partnerships and potential satellite deal talks, reinforcing its long-term growth strategy.
Wells Fargo analyst Ken Gawrelski maintains an Overweight rating on the stock and raises the price forecast from $304 to $305.
According to Benzinga Pro, AMZN stock has gained over 6% in the past year. Investors can gain exposure to the stock via Global X PureCap MSCI Consumer Discretionary ETF (NYSE:GXPD).
AI Pact With Reply
Separately, Reply has entered a strategic collaboration agreement with Amazon Web Services to accelerate cloud and artificial intelligence adoption across global markets, with a strong emphasis on scaling enterprise-grade generative AI solutions.
The agreement focuses heavily on advancing AI deployment using AWS infrastructure, while leveraging Reply’s specialized firms to build industry-specific solutions and governance frameworks aligned with evolving regulations.
Amazon Drives Public Sector AI Growth
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