Oppenheimer Reiterates Outperform on Amazon.com, Maintains $170 Price Target
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Jason Helfstein has reiterated his 'Outperform' rating on Amazon.com (NASDAQ:AMZN), maintaining a price target of $170.

October 19, 2023 | 12:22 pm
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Oppenheimer analyst maintains 'Outperform' rating on Amazon.com, with a price target of $170.
The reiteration of the 'Outperform' rating by Oppenheimer analyst Jason Helfstein indicates a positive outlook for Amazon.com. The maintained price target of $170 suggests that the analyst believes the stock is undervalued at current levels, which could lead to upward price movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100