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Amazon: UBS maintains 'buy' - bullish on AWS.

(CercleFinance.com) - UBS maintains its "buy" rating and 1,250 dollar target price on Amazon, as the broker considers the e-commerce giant's cloud unit AWS.

While the broker still believes that cloud computing is not a "winner-take-all market," AWS has become a clear leader in the core public cloud arena, UBS points out in a report released this Friday.

Specifically, the analyst believes Amazon has 33% share of the IaaS/PaaS (infrastructure as a service/platform as a service) market today, and could expand this to 34% or 35% by 2021.

For 2018, UBS forecasts revenue of 22.8 billion dollars for AWS alone.

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