Barclays Maintains Overweight on Amazon.com, Lowers Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ross Sandler maintains an Overweight rating on Amazon.com (NASDAQ:AMZN) but lowers the price target from $230 to $220.
July 16, 2024 | 3:56 pm
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Barclays analyst Ross Sandler maintains an Overweight rating on Amazon.com but lowers the price target from $230 to $220.
The Overweight rating suggests a positive outlook on Amazon's stock, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100