Wells Fargo Maintains Overweight on Amazon.com, Raises Price Target to $239
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ken Gawrelski maintains an Overweight rating on Amazon.com (NASDAQ:AMZN) and raises the price target from $234 to $239.
June 28, 2024 | 5:17 pm
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Wells Fargo analyst Ken Gawrelski maintains an Overweight rating on Amazon.com and raises the price target from $234 to $239.
The raised price target and maintained Overweight rating from a reputable analyst at Wells Fargo is likely to positively impact Amazon's stock price in the short term as it reflects confidence in the company's performance and future prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100