Bank of America analyst Justin Post(Justin Post) has set a 2026 price target of $303 for Amazon(AMZN), citing the company's strong market position in cloud computing and artificial intelligence. Amazon is investing heavily in this area, including a $10 billion investment in OpenAI and a $35 billion investment in building AI data centers in India. Amazon's stock recently rose over 10%, closing at $241, surpassing the previously set target price of $240.
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Bank of America analyst Justin Post(Justin Post) has set a 2026 price target of $303 for Amazon(AMZN), citing the company's strong market position in cloud computing and artificial intelligence. Amazon is investing heavily in this area, including a $10 billion investment in OpenAI and a $35 billion investment in building AI data centers in India. Amazon's stock recently rose over 10%, closing at $241, surpassing the previously set target price of $240.