Amazon.com Inc. (AMZN) Buy Rating Reiterated by BofA Securities
Key takeaways
- (AMZN) Buy Rating Reiterated by Bof A Securities Catherine Talavera Tue, June 9, 2026 at 8:39 PM GMT+7 2 min read AMZN Amazon.com, Inc.
- Earlier on June 5, Amazon said Leo Europe 3 (LE-03) is slated to launch on June 17 from Europe’s Spaceport in Kourou, French Guiana.
- Based on 71 analyst ratings compiled by CNN, 96% assigned a Buy rating to Amazon, while 4% assigned a Hold rating.
Amazon.com Inc. (AMZN) Buy Rating Reiterated by Bof A Securities Catherine Talavera Tue, June 9, 2026 at 8:39 PM GMT+7 2 min read AMZN Amazon.com, Inc. (NASDAQ:AMZN) is one of the 10 Best AI Stocks to Buy in June. On June 6, Investing.com reported that Bof A Securities reiterated its $310 price target and Buy rating on Amazon, driven by developments in the company’s Leo satellite internet project.
The analyst noted that Amazon is approaching an operational tipping point in the satellite project as deployment accelerates and commercial services near launch, highlighting that the firm has increased its launch cadence in the second quarter, with currently over 300 satellites in orbit.
Earlier on June 5, Amazon said Leo Europe 3 (LE-03) is slated to launch on June 17 from Europe’s Spaceport in Kourou, French Guiana. It added that the mission marks 100 satellites launched by Arianespace, noting that three missions were completed in less than five months.