《大行報告》花旗上調亞馬遜(AMZN.US)目標價至177美元 評級「買入」
花旗發表報告指,亞馬遜(AMZN.US)第三季業績勝於預期,因AWS需求看似趨穩,撇除外匯影響按年增長12%,北美零售收入按年升11%,經營溢利達112億美元,遠超出指引高端區間(介乎55億至85億美元)。該行相信,隨著優化逆風的減弱,AWS憑著定位良好實現增長加速,主要是因消費轉向必需品,令亞馬遜進一步獲取消費者銀包份額,並同時擴大毛利率。
在AWS方面,該行相信,生成式人工智能(GenAI)勢頭持續增長,即使顧客的自主消費或受到挑戰,經過改造後的亞馬遜區域化網絡,或帶來交付速度改善、更高提成率及高級會員的訂單頻率增加。
該行將其目標價由167美元上調至177美元,維持其評級為「買入」。
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