Citigroup Maintains Buy on Amazon.com, Raises Price Target to $167
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ronald Josey maintains a Buy rating on Amazon.com (NASDAQ:AMZN) and raises the price target from $145 to $167.
August 04, 2023 | 3:18 pm
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POSITIVE IMPACT
Citigroup maintains a Buy rating on Amazon.com and raises the price target from $145 to $167.
The news of Citigroup maintaining a Buy rating on Amazon.com and raising the price target is likely to have a positive impact on the stock in the short term. This is because it signals the analyst's confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100