Amazon's AI-Driven AWS Growth To Power Outperformance: Analysts

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Scotiabank analyst Nat Schindler initiated coverage on Amazon.com, Inc. (NASDAQ:AMZN) with a Sector Outperform rating and price target of $245 per share. The analyst writes that Amazon benefits from a leadership position across all verticals, especially AWS, where they expect revenue growth to exceed consensus estimates beyond 2025. The analyst says that AWS’s AI business, though early, shows strong demand and is poised for significant growth. Its focus on providing flexible, cost-effective AI s