Needham Maintains Buy on Amazon.com, Raises Price Target to $205
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Laura Martin maintains a Buy rating on Amazon.com (NASDAQ:AMZN) and raises the price target from $175 to $205.
February 02, 2024 | 12:14 pm
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Needham analyst Laura Martin maintains a Buy rating on Amazon.com and raises the price target from $175 to $205.
The increase in price target by a reputable analyst suggests a positive outlook on Amazon's future performance. This endorsement is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100