EL7.AI
StocksUpdated•Originally published 23 April 2026•Updated 24 April 2026•
1 min read

Analysts Bullish on Amazon and IAC as UBS and KeyBanc Raise Price Targets

Key Facts

1UBS maintained a 'Buy' rating for AMZN, raising the price target from $301 to $304.
2KeyBanc raised the price target for IAC to $51 while maintaining a 'Buy' rating.

UBS has maintained its 'Buy' rating for Amazon.com Inc. (AMZN), raising its price target to $304, while Truist also increased its target to $285 citing expected growth in AWS services. Similarly, KeyBanc raised its price target for IAC Inc. (IAC) to $51 while maintaining a 'Buy' recommendation. However, Amazon is now facing a lawsuit from the California Attorney General alleging anticompetitive conduct regarding seller pricing. Despite these legal challenges, analysts believe Amazon's service-led revenue model provides a solid foundation for sustainable expansion. Furthermore, KeyBanc's revision for IAC suggests an improving valuation outlook for the group's diverse portfolio. Overall, these updates reflect a mix of strong institutional confidence and emerging regulatory headwinds.