Amazon.com (NASDAQ:AMZN) Stock Price Target Raised at Rosenblatt Securities

Amazon Target Lifted as Rosenblatt Says AI Agents Won’t Disrupt Business Model

Wall Street has grown increasingly nervous that AI shopping agents could hollow out Amazon's retail media empire, and the stock has the bruises to prove it. Rosenblatt just raised its price target and laid out a pointed case for why that fear is misreading what the data actually shows.

Amazon.com (NASDAQ:AMZN) Stock Price Target Raised at Rosenblatt Securities

Rosenblatt Securities upped their target price on shares of Amazon.com from $335.00 to $360.00 and gave the stock a "buy" rating in a research report on Wednesday.

Amazon (AMZN) Stock Climbs as Rosenblatt Analyst Downplays AI Shopping Agent Concerns

Amazon (AMZN) stock rises as Rosenblatt analyst sets $360 target, dismissing AI shopping agent threats from Meta's Muse and OpenAI's Dots as overstated.

Amazon (AMZN) Stock Rises After Analyst Dismisses AI Agent Fears

TLDR Rosenblatt analyst Scott Devitt raised his Amazon price target to $360 from $335, implying 46% upside. Devitt says fears that AI shopping agents like Muse and Dots will hurt Amazon’s ad business are overstated. Amazon stock has dropped about 4% since Meta’s Muse launched on September 8. Amazon...