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BNP Paribas Exane Bullish on Amazon and Alphabet Amid Cloud, AI Growth

BNP Paribas Exane Bullish on Amazon and Alphabet Amid Cloud, AI Growth

Author:

Global Cryptocurrency

Published:

2025-11-25 07:35:02

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BTCCSquare news:

BNP Paribas Exane analyst Nick Jones has initiated coverage on Amazon (AMZN) and Alphabet (GOOGL) with Outperform ratings, citing long-term growth potential in cloud computing, advertising, and artificial intelligence. Jones, ranked among the top 2% of analysts tracked by TipRanks, sees Amazon's AWS and advertising business as key drivers, projecting a 41% upside to a $320 price target.

Alphabet's dominance in digital advertising and AI innovation positions it similarly for sustained growth. The analyst's endorsement underscores broader institutional confidence in tech giants leveraging next-generation technologies.

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