Truist Securities Maintains Buy on Amazon.com, Raises Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Youssef Squali maintains a Buy rating on Amazon.com (AMZN) and raises the price target from $216 to $220.

May 01, 2024 | 12:34 pm
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Truist Securities raises Amazon.com's price target from $216 to $220, maintaining a Buy rating.
The increase in price target by Truist Securities, accompanied by a maintained Buy rating, suggests a positive outlook on Amazon.com's stock. This endorsement from a reputable analyst could lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100