RBC Capital Maintains Outperform on Amazon.com, Raises Price Target to $215
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brad Erickson maintains an Outperform rating on Amazon.com (NASDAQ:AMZN) and raises the price target from $180 to $215.
February 02, 2024 | 3:42 pm
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RBC Capital analyst Brad Erickson maintains an Outperform rating on Amazon.com and raises the price target from $180 to $215.
The increase in price target by RBC Capital suggests a positive outlook on Amazon.com's stock, likely due to strong fundamentals or growth prospects. This endorsement from a reputable analyst could lead to increased investor confidence and a potential short-term rise in the stock price.
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IMPORTANCE 90
RELEVANCE 100