Amazon shares recently eased to $229.11, with the after-hours price near $229.07, marking a gradual pullback from late November levels despite broadly bullish analyst sentiment. In the past few days, several firms, including Rosenblatt and BofA Securities, reaffirmed or raised buy-rated price targets into the $295–$305 range, highlighting AWS and AI as key growth drivers, while an AWS partnership with RTX’s Raytheon unit underscores Amazon’s strategic push into cloud and defense; taken together, these developments suggest that recent weakness reflects consolidation rather than a shift in the long-term thesis.