Needham Reiterates Buy on Amazon.com, Maintains $205 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Laura Martin reiterates a Buy rating on Amazon.com (NASDAQ:AMZN) and maintains a $205 price target.
May 01, 2024 | 10:47 am
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Needham analyst Laura Martin reiterates a Buy rating on Amazon.com with a $205 price target.
The reiteration of a Buy rating by a reputable analyst, along with a maintained price target, typically signals continued confidence in the company's future performance. This can positively influence investor sentiment and potentially lead to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100