TD Cowen remains bullish on Amazon (AMZN) and targets $250 for AI and Retail Tailwinds

Amazon.com, Inc. (NASDAQ:amzn) is one of Ten AI stock investors watch this week. On July 8th, TD Cowen analyst John Blackledge repeatedly rated the stock’s “buy” ratings, increasing its price target from $240.00 to $250.00.

Blackledge is optimistic about Amazon’s performance in the upcoming quarter, and expects its second quarter results to surpass market expectations.

The three factors behind this optimism are the continued growth of Amazon Web Services (AWS), advertising and e-commerce segments. Analysts are also looking forward to strong guidance for the third quarter of 2025.

As AI capacity constraints are expected to be easier with investments in generative AI infrastructure, AWS is very likely to increase year-on-year. Amazon’s e-commerce business could maintain momentum due to factors such as record delivery speeds, strength of everyday essentials, expansion of rural markets, and extended Prime Day events.

Amazon.com Inc. (NASDAQ: AMZN) is an American technology company that provides e-commerce, cloud computing, and other services, including digital streaming and artificial intelligence solutions.

Although we acknowledge AMZN’s potential as an investment, we believe certain AI stocks offer greater promotion potential and pose a risk of decline. If you’re looking for a highly undervalued AI stock that can make a significant profit from the tariff and supervision trends of the Trump era, check out our free report. Best Short-Term AI Stocks.

Read next: 10 Trend AI is in stock in news and ratings and Top 10 AI stocks are in the spotlight.

Disclosure: None.