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Amazon target raised to $360, implying 46% upside despite AI ad concerns

Verifying
  • Scott Devitt raised Amazon’s price target to $360 and retained his Buy recommendation.
  • 46% potential upside separates the revised target from Tuesday’s $246.67 close.
  • Amazon shares remain 13% below their August 3 peak after Muse’s September 8 launch.
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Amazon target raised to $360, implying 46% upside despite AI ad concerns - CoinPost Terminal