Truist Securities Maintains Buy on Amazon.com, Raises Price Target to $216
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Youssef Squali has maintained a Buy rating on Amazon.com (AMZN) and increased the price target from $195 to $216.
April 17, 2024 | 12:54 pm
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POSITIVE IMPACT
Truist Securities has reaffirmed its Buy rating on Amazon.com and raised the price target from $195 to $216.
The increase in price target by Truist Securities reflects a positive outlook on Amazon.com's future performance. This endorsement from a reputable analyst could lead to increased investor confidence and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100