Stock price amazon forecast morning market notes place AMZN’s short

Morning market notes place AMZN’s short interest at 0.8%, which supports the positive bias in the stock price Amazon forecast due to low downside pressure. While there are admittedly some unanswered questions when it comes to the future of the movie theater business, box office revenue has been surprisingly strong. The current property portfolio is performing strong, and even in a difficult environment for growth, EPR is finding ways to invest. Amazon remains one of the world’s most valuable companies, powered by its dominance in e-commerce and the profitability of Amazon Web Services (AWS). The company continues to expand into health care, artificial intelligence, and logistics, reinforcing its role as a diversified tech powerhouse. Stock price Amazon forecast models factor in cost control initiatives in logistics, improving operating income. Wall Street consensus shows 18 buy ratings and zero sell recommendations as of June 2024.