JMP Securities Reiterates Market Outperform on Amazon.com, Maintains $225 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Nicholas Jones has reiterated a Market Outperform rating on Amazon.com (NASDAQ:AMZN) and maintained a $225 price target.

May 01, 2024 | 3:34 pm
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JMP Securities reaffirms Amazon.com with a Market Outperform rating and a $225 price target.
The reiteration of a Market Outperform rating and the maintenance of a $225 price target by JMP Securities for Amazon.com indicates a strong positive outlook from the analyst. This could lead to increased investor confidence and potentially drive the stock price up in the short term, as market participants often react positively to reaffirmations of strong analyst ratings and ambitious price targets.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100