JMP Securities Maintains Outperform on Amazon.com, Raises Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Nicholas Jones maintains an 'Outperform' rating on Amazon.com (NASDAQ:AMZN) and raises the price target from $140 to $175.
August 04, 2023 | 3:09 pm
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JMP Securities maintains an 'Outperform' rating on Amazon.com and raises the price target from $140 to $175.
The raised price target by JMP Securities indicates a positive outlook for Amazon.com. This could potentially lead to an increase in the stock price in the short term as it signals the analyst's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100