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Amazon (AMZN) Stock: Can Prime Day Reignite Momentum After 10% Pullback?
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Amazon (AMZN) Stock: Can Prime Day Reignite Momentum After 10% Pullback?
Key Takeaways Amazon’s Prime Day event launches June 23, running four days across 27 nations with 35+ product categories featured. BofA analyst Justin Post forecasts $21.6 billion in gross merchandise value (GMV), representing a 5% annual increase. Post maintains a Buy rating with a $310 target price, indicating approximately 27% potential upside. Amazon Web Services posted 28% revenue expansion in Q1 2026, marking the strongest quarterly growt…
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