---
title: "3 reasons Amazon stock can hit a record high despite Monday’s drop"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283401044.md"
description: "KeyBanc analyst Justin Patterson hiked his price target for the online retailer, citing rapid revenue growth for major customer Anthropic."
datetime: "2026-04-20T20:55:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283401044.md)
  - [en](https://longbridge.com/en/news/283401044.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283401044.md)
---

# 3 reasons Amazon stock can hit a record high despite Monday’s drop

KeyBanc analyst Justin Patterson hiked his price target for the online retailer, citing rapid revenue growth for major customer Anthropic.

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