TipRanks(@TipRanks):🔼Amazon $AMZN upgraded to Buy from Accumulate at Phillip Securities Phillip Securities upgraded Amazonto Buy from Accumulate with a price target of $330, up from $320, following the Q3 report. The firm says Amazon's "strong" demand visibility support its "aggressive" capital expenditures. Amazon is well positioned in AI by being model agnostic and leveraging its full-stack capabilities, including custom chips and partnerships with large language models, the analyst tells investors in a research note.

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TipRanks@TipRanks

2026.11.02 09:55

🔼Amazon $AMZN upgraded to Buy from Accumulate at Phillip Securities Phillip Securities upgraded Amazonto Buy from Accumulate with a price target of $330, up from $320, following the Q3 report. The firm says Amazon's "strong" demand visibility support its "aggressive" capital expenditures. Amazon is well positioned in AI by being model agnostic and leveraging its full-stack capabilities, including custom chips and partnerships with large language models, the analyst tells investors in a research note.