KeyBanc Capital Markets believes Amazon could benefit from the artificial intelligence trade. The bank resumed coverage of the dominant U.S. e-commerce platform with an overweight rating and a $300 price target. Shares of Amazon have added less than 1% this year. KeyBanc's target implies that the stock could rise nearly 36% from its Thursday closing price. "With shares trading well below historical levels at 22.9x 2027E P/E, we believe this screens as an attractive entry point," KeyBanc wrote. AMZN YTD mountain Amazon shares in 2025 As a catalyst, the bank pointed to improving growth for Amazon's Cloud business into 2026. It also noted that investors have grown too pessimistic about Amazon Web Services, viewing it as lagging behind while competitors take market share. "AWS has still been g

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