KeyBanc resumed coverage of Amazon.com (AMZN) with an Overweight rating and $300 price target Advertising is fueling gains in the company’s retail business, which provides a path forward for grocery becoming more material over the medium term, the analyst tells investors in a research note. Investors have also become too pessimistic on the Cloud business, and the firm sees potential for improving growth into 2026, KeyCorp added.
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