Amazon (NASDAQ: AMZN) has received a significant vote of confidence from HSBC, as analyst Christopher Johnen raised the company’s price target to $270, up from $225, while maintaining a “Buy” rating.The revised target reflects the firm’s confidence in Amazon’s ability to leverage its past investments in artificial intelligence (AI), cloud computing, and advertising to drive profitability and reinforce its competitive moat.Amazon five-day stock price. Source: Google FinanceDespite the bullish outlook, Amazon ...