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Phillip Securities Raises Amazon Price Target to $330, Upgrades Rating

Helena Wang raised fiscal 2027 revenue, adjusted profit and capital expenditure estimates by 2%, 3% and 3%, respectively, as AWS sales grew 39.3% year over year.
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Helena Wang raised fiscal 2027 revenue, adjusted profit and capital expenditure estimates by 2%, 3% and 3%, respectively, as AWS sales grew 39.3% year over year.