Fishman Jay A Ltd. MI has reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 2.8%, yet AMZN remains its third-largest holding, accounting for 8.1% of its portfolio. This comes as Amazon faces market concerns over significant capital expenditure and legal risks, despite strategic investments in AI and data centers. Analysts currently rate Amazon with a “Moderate Buy” consensus, with an average price target of $287.29.
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Amazon.com, Inc. $AMZN is Fishman Jay A Ltd. MI's 3rd Largest Position
Fishman Jay A Ltd. MI has reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 2.8%, yet AMZN remains its third-largest holding, accounting for 8.1% of its portfolio. This comes as Amazon faces market concerns over significant capital expenditure and legal risks, despite strategic investments in AI and data centers. Analysts currently rate Amazon with a “Moderate Buy” consensus, with an average price target of $287.29.