Wall Street analysts say Amazon is still a buy, but investors should 'stay patient' on AWS
They said traders should look toward margin upside for Amazon, as well as the long-term opportunity in cloud services.
Source: cnbc.com
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They said traders should look toward margin upside for Amazon, as well as the long-term opportunity in cloud services.
Pinterest said Amazon will be its first partner for third-party ads, which analysts say will be a "meaningful unlock" for demand.
AMZN earnings call for the period ending March 31, 2023.
Analysts were quick to add to the optimistic tenor, with several large firms including Goldman Sachs and Morgan Stanley raising their price targets on Meta.
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