Loop Capital analyst Rob Sanderson keeps a Buy rating and $275 price target on Amazon.com (AMZN) while forecasting further upside for the stock in 2025. In addition to the long and exciting period of robust demand anticipated for AWS, the margin outlook on Amazon.com is highly favorable for both segments, the analyst tells investors in a research note. The company’s five-day per week return to office mandate is also taking effect in most locations, which will lead to a certain amount of attrition that likely skews toward highly compensated employees, and while this is difficult to quantify, it will provide margin tailwind in 2025, Loop added.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
