Truist Securities Reiterates Buy on Amazon.com, Maintains $176 Price Target
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Youssef Squali has reiterated a Buy rating on Amazon.com (NASDAQ:AMZN) with a maintained price target of $176.

November 29, 2023 | 5:52 pm
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Truist Securities reaffirms a Buy rating on Amazon.com with a price target of $176, indicating a positive outlook on the stock.
The reiteration of a Buy rating by a prominent analyst like Youssef Squali tends to instill confidence among investors and can positively influence the stock price in the short term. The maintained price target of $176 suggests that the analyst sees continued upside potential for the stock, which could encourage investors to maintain or establish positions in Amazon.com.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100