Susquehanna analyst Shyam Patil raised the firm’s price target on Amazon.com (AMZN) to $260 from $225 and keeps a Positive rating on the shares. The firm said its 2Q was generally solid, though AWS, which saw steady growth year-over-year, continues to be impacted by capacity constraints and seasonal effects. The top-line outlook for 3Q was largely fine, but the CSOI guide came in lower.
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