Citigroup Maintains Buy on Amazon.com, Raises Price Target to $235
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ronald Josey maintains a Buy rating on Amazon.com (NASDAQ:AMZN) and raises the price target from $215 to $235.

April 24, 2024 | 2:19 pm
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Citigroup analyst Ronald Josey has reaffirmed a Buy rating on Amazon.com and increased the price target from $215 to $235.
The upgrade in the price target by Citigroup reflects a positive outlook on Amazon.com's stock, likely due to strong business fundamentals or growth prospects. This analyst endorsement can positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
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