Stifel Maintains Buy on Amazon.com, Raises Price Target to $228
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Mark Kelley maintains a Buy rating on Amazon.com (NASDAQ:AMZN) and raises the price target from $224 to $228, indicating a positive outlook on the company's stock.
May 01, 2024 | 1:03 pm
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Stifel analyst Mark Kelley maintains a Buy rating on Amazon.com and raises the price target from $224 to $228.
The increase in price target by Stifel reflects a positive outlook on Amazon's stock, suggesting confidence in the company's future performance. This analyst endorsement can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100