Raymond James Maintains Strong Buy on Amazon.com, Raises Price Target to $205
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Josh Beck maintains a Strong Buy rating on Amazon.com (NASDAQ:AMZN) and raises the price target from $200 to $205.
May 01, 2024 | 10:34 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Raymond James has reaffirmed its Strong Buy rating on Amazon.com and increased the price target from $200 to $205.
The upgrade in the price target by a reputable analyst firm like Raymond James typically signals a positive outlook on the stock's future performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100