Amazon is trading at ARS 2910.00, up 3.28%, as analyst optimism around AWS growth and AI demand supported the move.
- Mizuho raised its Amazon price target to $335 from $330, citing stronger cloud prospects and AI demand.
- Phillip Securities upgraded Amazon to Buy and raised its target to $330 from $320, citing AWS growth and cloud-demand visibility.
- A recovering technology sector also offered support, with chip stocks rebounding ahead of AMD earnings.