BMO Capital Maintains Outperform on Amazon.com, Raises Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Brian Pitz maintains an Outperform rating on Amazon.com (NASDAQ:AMZN) and raises the price target from $215 to $220.
May 01, 2024 | 5:00 pm
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BMO Capital analyst Brian Pitz reaffirms an Outperform rating on Amazon.com and increases the price target from $215 to $220.
The increase in price target by BMO Capital suggests a positive outlook on Amazon.com's stock, indicating an expectation of stock performance improvement. This analyst endorsement can influence investor sentiment and potentially lead to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100