Wells Fargo Maintains Overweight on Amazon.com, Raises Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ken Gawrelski maintains an Overweight rating on Amazon.com (NASDAQ:AMZN) and raises the price target from $159 to $165.
August 04, 2023 | 3:47 pm
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POSITIVE IMPACT
Wells Fargo maintains an Overweight rating on Amazon.com and raises the price target from $159 to $165, indicating a positive outlook for the stock.
The raised price target by Wells Fargo indicates a positive outlook for Amazon.com. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100