Goldman Sachs lifts Amazon 2027-2030 capex estimates for AWS

On July 9 Goldman Sachs raised Amazon capex forecasts for 2027-2030, citing higher AWS spending. This follows the July 8 note from TD Cowen that cut the price target to $340 from $350. Both reports, however, returned 404 error pages containing only cookie notices, so no rationale, numbers, or market impact could be verified. The conflicting analyst moves therefore remain unconfirmed and provide no actionable information to investors.