Canaccord Genuity Maintains Buy on Amazon.com, Raises Price Target to $170
Portfolio Pulse from jenniferd'souza@benzinga.com
Canaccord Genuity analyst Maria Ripps maintains a 'Buy' rating on Amazon.com (NASDAQ:AMZN) and raises the price target from $160 to $170.
August 04, 2023 | 4:58 pm
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POSITIVE IMPACT
Canaccord Genuity maintains a 'Buy' rating on Amazon.com and raises the price target from $160 to $170.
The raised price target by Canaccord Genuity 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 confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100