Goldman Sachs Maintains Buy on Amazon.com, Raises Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan has maintained a Buy rating on Amazon.com (NASDAQ:AMZN) and increased the price target from $220 to $225.
May 01, 2024 | 9:41 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Goldman Sachs maintains a Buy rating on Amazon.com and raises the price target to $225.
The upgrade in the price target by a reputable analyst like Goldman Sachs typically signals a positive outlook on the stock, suggesting potential upside. This can lead to increased investor confidence and potentially drive the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100