Amazon.com price target raised to $145 from $135 at Mizuho

Mizuho analyst James Lee raised the firm’s price target on Amazon.com to $145 from $135 and keeps a Buy rating on the shares. The company’s Q1 was better than anticipated with retail gaining operating efficiency through a series of cost-cutting-initiatives, but Wed Services guidance slowed from ongoing client usage-optimization, the analyst tells investors in a research note. However, the firm believes AWS growth "appears to be nearing the bottom," and it anticipates a steady recovery after.