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$AMZN - AMAZON REITERATED OVERWEIGHT AT CANTOR FITZGERALD
Cantor Fitzgerald reaffirmed its Overweight rating and $315 target on Amazon, citing strong AI and cloud updates at AWS’s re:Invent. Key announcements included new Trainium servers, the Nova 2 AI model lineup, and AI factories with NVIDIA.
The firm sees solid innovation momentum at AWS but notes fewer major partnership announcements on Day 1. It will watch for additional updates as the event continues.
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