Amazon (AMZN) Price Target Raised to $330 by JPMorgan on AWS Growth

JPMorgan has raised its price target for Amazon (AMZN) to $330, citing growth in Amazon Web Services (AWS) as a key factor. This adjustment reflects the bank's bullish outlook on AWS performance, which significantly contributes to Amazon's overall revenue. The increased target suggests a potential upside for investors interested in Amazon ahead of upcoming earnings reports. Analysts are monitoring the impact of AWS expansions on the company's future growth prospects.