amazoncom incs amzn price target was cut to 4200 from 4700 at credit suisse as fulfillment and shipping costs rise amazon has announced plans for 150000 seasonal hires in addition to more than 150000 other hires it has announced we assume that from a customer service perspective amazon will expedite deliverybear the incremental shipping cost analysts wrote as we further anticipate global logistics headwinds do not abate until mid22 our ebit estimates for 2h2122 decrease accordingly and reflect a scenario in which amazon has spent roughly 53 billion in capex and further taken on incremental expenses without showing potential wallet share gains through greater service levels in the form of faster deliveries across a wider array of skus stockkeeping units credit suisse rates amazon stock outperform amazon is scheduled to report thirdquarter earnings on oct 28 amazon stock is up 29 for 2021 so far while the sp 500 index spx has gained 209 for the period