Auburnheimer: Amazon department profit margin will increase, raising Amazon's target price to $200.
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Investment bank Oppenheimer has released a research report, raising Amazon's target price from $170 to $200. It is expected that the profit margins of Amazon's e-commerce and AWS departments will increase, providing the company with greater room for development. In recent years, Amazon has been focused on cost reduction and enhancing its artificial intelligence capabilities, successfully navigating challenges with the help of its cloud computing division, AWS.
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