Benchmark Maintains Buy on Amazon.com, Raises Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Daniel Kurnos has maintained a Buy rating on Amazon.com (NASDAQ:AMZN) and increased the price target from $170 to $175.

January 22, 2024 | 4:59 pm
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Benchmark analyst Daniel Kurnos reaffirms a Buy rating on Amazon.com and raises the price target to $175, indicating a positive outlook on the stock.
The increase in price target by Benchmark reflects a positive sentiment towards Amazon.com's stock, suggesting potential upside. Such analyst actions often lead to short-term positive movements in the stock price as market participants may adjust their valuations based on the new information.
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