HomeIndustriesRetailAmazon (AMZN) Decelerating AWS Growth?

Amazon (AMZN) Decelerating AWS Growth?

Wells Fargo lowered growth estimates for Amazon's AWS for the next couple of quarters. The analyst still has an overweight rating with a $165 AMZN stock price target. Kevin Hincks weighs in on competition from Microsoft's Azure and Google Cloud. The Wells Fargo analyst sees AWS commentary as the largest swing factor in print. Also, what are tepid cloud checks?

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10 Oct 2023

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