Jefferies Maintains Buy on Amazon.com, Lowers Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Brent Thill maintains a Buy rating on Amazon.com (NASDAQ:AMZN) but lowers the price target from $235 to $225.

August 02, 2024 | 12:05 pm
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NEUTRAL IMPACT
Jefferies analyst Brent Thill maintains a Buy rating on Amazon.com but lowers the price target from $235 to $225.
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