Amazon (AMZN) Stock Upgraded to Overweight on AWS Growth Outlook
Amazon.com, Inc. (NASDAQ:AMZN) is one of the AI Stocks Every Investor Should Watch. On September 24, Wells Fargo analyst Ken Gawrelski upgraded the stock from Equal Weight to Overweight with a price target of $280.00 (from $245.00). The firm has stronger conviction in AWS revenue acceleration in 2026 driven by Project Rainier capacity additions and peak…