Here’s what Wall Street analysts are saying after Amazon’s third-quarter earnings

Wall Street analysts are bullish on Amazon’s future growth potential, following the company’s strong third-quarter results. Despite slightly missing revenue estimates for Amazon Web Services, the company saw a significant increase in operating income. Amazon is investing heavily in artificial intelligence and capital expenditures, with analysts predicting significant upside potential for the stock. JPMorgan, Bank of America, Deutsche Bank, and Citi have all raised their price targets for Amazon, citing the company’s strong position in e-commerce and cloud computing as well as its innovative AI technology. Analysts believe that Amazon is well-positioned for future growth and margin expansion.