B of A Securities Maintains Buy Rating for Amazon.com: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
B of A Securities maintains its Buy rating for Amazon.com (NASDAQ:AMZN) and raises its price target from $139 to $154, representing a 22.71% increase from the current share price. Amazon shares are trading up 1.67% over the last 24 hours.
June 12, 2023 | 5:01 pm
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B of A Securities maintains Buy rating for Amazon and raises price target to $154, a 22.71% increase from current share price. Shares are up 1.67% over the last 24 hours.
B of A Securities' decision to maintain a Buy rating and raise the price target for Amazon indicates a positive outlook for the company's stock. This news is likely to boost investor confidence and potentially drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100