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Citigroup Maintains Buy on AMZN (Amazon.com, Inc.) March 17, 2026
Citigroup maintained a “Buy” rating on Amazon.com, Inc. (AMZN) on March 17, 2026, indicating continued confidence in its core e-commerce and cloud sectors, despite a muted short-term price reaction. While Wells Fargo set a higher price target of $305.00, DA Davidson reduced its target to $175, reflecting varied analyst opinions. A maintained Buy primarily suggests stable fundamentals and revenue growth, rather than new bullish momentum, urging investors to consider operational improvements in delivery and AWS margins.