Raymond James trims Amazon (AMZN) target, flags agentic commerce headwinds
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Raymond James analyst Josh Beck has lowered the price target for Amazon.com, Inc. (NASDAQ:AMZN) from $275.00 to $260.00 while maintaining an "Outperform" rating. This adjustment reflects concerns over agentic commerce headwinds, despite the stock being closely watched as part of AI investments.
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