Citigroup Maintains Buy on Amazon.com, Raises Price Target to $245
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ronald Josey maintains a Buy rating on Amazon.com (NASDAQ:AMZN) and raises the price target from $235 to $245.
May 01, 2024 | 1:09 pm
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POSITIVE IMPACT
Citigroup maintains a Buy rating on Amazon.com and increases the price target to $245.
The upgrade in the price target by Citigroup reflects a positive outlook on Amazon.com's stock, suggesting confidence in the company's future performance. This analyst endorsement could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100