Bernstein Maintains Outperform on Amazon.com, Raises Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Mark Shmulik maintains an Outperform rating on Amazon.com (NASDAQ:AMZN) and raises the price target from $125 to $140.
May 31, 2023 | 10:41 am
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Bernstein analyst Mark Shmulik maintains an Outperform rating on Amazon.com and raises the price target from $125 to $140.
The news of Bernstein maintaining an Outperform rating and raising the price target for Amazon.com indicates a positive outlook for the company's stock. This could lead to increased investor confidence and a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100