NEWEarnings

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

Published on 4/30/2026

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

AI Summary

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.

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