Home / Technology / KeyBanc says Amazon could soar more than 30%; investors undervalue AI story

KeyBanc says Amazon could soar more than 30%; investors undervalue AI story

Additional catalysts for the e-commerce giant include advertising revenue growth and the expansion of its grocery business.

KeyBanc Capital Markets believes Amazon could benefit from the artificial intelligence trade. The bank resumed coverage of the dominant U.S. e-commerce platform with an overweight rating and a $300 price target. Shares of Amazon have added less than … [2085 chars]

Source: CNBC | Published: 2025-10-24T12:15:56Z

Credit: CNBC

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