AMAZON $AMZN reiterated at 'Buy' at Truist with a $270 price-target, calling it their 'Favorite Mega Cap for 2025':

"We believe NA revenue has tracked ahead of consensus estimates in 4Q24 (at 9.3% vs. consensus of 8.5%, respectively) and higher than eCom growth this Holiday Season (8.7% per Adobe). 

This is based on our Truist Card Data, reflecting a resilient consumer and Amazon's superior value proposition, supplemented by sustained growth in ad revenue and AWS. This growth should also support higher margins even as AMZN invests aggressively in AI, AWS, Logistics and Project Kuiper. 

AMZN is our favorite mega cap for 2025 as it continues to improve its value proposition and be one of the best ways to play Cloud, AI, digital ads and global logistics."