JP Morgan Maintains Overweight on Amazon.com, Raises Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Doug Anmuth maintains an Overweight rating on Amazon.com (NASDAQ:AMZN) and raises the price target from $145 to $180.
August 04, 2023 | 3:03 pm
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on Amazon.com and raises the price target from $145 to $180.
The raised price target by JP Morgan indicates a positive outlook for Amazon.com. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100