Barclays Maintains Overweight on Amazon.com, Raises Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ross Sandler maintains an Overweight rating on Amazon.com (NASDAQ:AMZN) and raises the price target from $140 to $180.
August 07, 2023 | 10:45 am
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POSITIVE IMPACT
Barclays maintains an Overweight rating on Amazon.com and raises the price target from $140 to $180, indicating positive sentiment towards the stock.
The raised price target by Barclays indicates their belief in the strong performance of Amazon.com in the future. This positive sentiment could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100