Evercore ISI Group Maintains Outperform on Amazon.com, Raises Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Mark Mahaney maintains an Outperform rating on Amazon.com (NASDAQ:AMZN) and raises the price target from $195 to $220.
February 02, 2024 | 8:27 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Evercore ISI Group maintains an Outperform rating on Amazon.com and raises the price target from $195 to $220.
The increase in price target by a reputable analyst group like Evercore ISI suggests a strong bullish sentiment towards Amazon.com's stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100