Wedbush Reiterates Outperform on Amazon.com, Maintains $225 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Scott Devitt reiterates an Outperform rating on Amazon.com (AMZN) with a maintained price target of $225.
May 01, 2024 | 1:29 pm
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Wedbush maintains an Outperform rating on Amazon.com with a $225 price target.
The reiteration of an Outperform rating by a reputable analyst like Scott Devitt from Wedbush, along with a maintained price target of $225, signals a positive outlook for Amazon.com. This endorsement could lead to increased investor confidence in AMZN, potentially driving its stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100