Stifel Maintains Buy on Amazon.com, Raises Price Target to $224
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Mark Kelley maintains a Buy rating on Amazon.com (NASDAQ:AMZN) and raises the price target from $200 to $224, indicating a positive outlook on the company's stock.
April 16, 2024 | 12:07 pm
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POSITIVE IMPACT
Stifel analyst Mark Kelley maintains a Buy rating on Amazon.com and raises the price target from $200 to $224, suggesting a strong confidence in the company's future performance.
The increase in price target by Stifel reflects a positive assessment of Amazon's future growth and performance potential. This endorsement from a reputable analyst is likely to instill confidence among investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100