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Benzinga
Benzinga
Business
Snigdha Gairola

Amazon's $21.4 Billion Prime Day Haul Ignites Wall Street Hype: BofA Predicts Over 10% Upside Amid Soaring AI Momentum

Amazon BofA Securities Amazon.com Inc.
Amazon

Amazon.com, Inc. (NASDAQ:AMZN) has received a bullish price target of $248 from BofA Securities, thanks to its successful Prime Day event.

What Happened: BofA Securities analyst Justin Post has reaffirmed a Buy rating for Amazon’s stock, setting a $248 price target. This decision follows an evaluation of the Prime Day performance, as reported by Insider Monkey on Thursday.

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