Amazon.com (NASDAQ:AMZN) shares climbed Monday after the company announced a $38 billion multi-year partnership with OpenAI for AWS to provide computing infrastructure to support OpenAI's artificial intelligence workloads.
Wedbush analysts Dan Ives and Scott Devitt raised the price target on Amazon stock from $330 to a Street high of $340 based on the new partnership. Here's a look at what they highlighted in the note.
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