Piper Sandler Raises Amazon (AMZN) Price Target as AWS Growth Reaccelerates
Amazon.com, Inc. (NASDAQ:AMZN) is one of the AI Stocks on the Market’s Radar. On October 31, Piper Sandler raised its price target on the stock to 255 and kept an “Overweight” rating on the shares. The rating affirmation follows Amazon’s third-quarter 2025 results which were “better than expected and above negative buyside sentiment.” AWS growth has picked back up to 20% y/y with more power capacity expected to double by 2027. Operating income also beat the high end of guidance excluding one-t ...