Raymond James cut its price target for Amazon.com from $300 to $250 because of worries about spending on AI.

Oct 30, 2026, 6:12 PM ETOpinionRead the original at marketscreener.com

Bad for AMZN

Raymond James cut its Amazon price target, citing concerns about AI spending and cash flow. This is a negative analyst view, not proof Amazon's sales or cash flow have already worsened.

AMZN · Amazon.com, Inc.

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The AI's read

The concern is that large AI spending could use cash Amazon might otherwise keep or spend elsewhere. The story gives no new sales or profit figures, so this is an analyst's warning, not proof those results have worsened.

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