Goldman Sachs Maintains Buy on Amazon.com, Lowers Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan maintains a Buy rating on Amazon.com (NASDAQ:AMZN) but lowers the price target from $250 to $230.

August 02, 2024 | 10:42 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Goldman Sachs analyst Eric Sheridan maintains a Buy rating on Amazon.com (NASDAQ:AMZN) but lowers the price target from $250 to $230.
The Buy rating suggests continued confidence in Amazon's long-term prospects, but the lowered price target indicates some caution about short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100