Oppenheimer Maintains Outperform on Amazon.com, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Jason Helfstein has maintained an Outperform rating on Amazon.com (NASDAQ:AMZN) and increased the price target from $170 to $200.
December 01, 2023 | 6:53 pm
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Oppenheimer analyst reaffirms Outperform rating on Amazon.com and raises price target to $200, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a positive outlook on the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100