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Stock Market 9 February 2026

Amazon stock wobbles on $200 billion AI capex as analysts split and BofA cuts target

Amazon stock wobbles on $200 billion AI capex as analysts split and BofA cuts target

Amazon shares slipped roughly 1% early Monday after Bank of America trimmed its price target, with investors still wrestling with Amazon’s heavier spending outlook. Analyst Justin Post maintained his buy rating but dropped the target to $275 from $286, saying the AI push is industrywide, not just Amazon’s challenge. “Amazon is not alone in this investment, and we think it makes sense,” Post wrote.
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