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Weekly Recap | Amazon -4.74%, consensus target above spot
Weekly Review·- Amazon stock fell 4.74 % this week to close at 250 USD, underperforming the S & P 500 by approximately 2.79 percentage points. - Key market events included the release of new AI devices, strategic updates on AWS infrastructure investments, and regulatory scrutiny in the UK cloud market. - Despite the weekly decline, 64 covering institutions maintained a strong consensus buy rating with an average target price of 331.46 USD.