B of A Securities Maintains Buy on Amazon.com, Lowers Price Target to $210
Portfolio Pulse from Benzinga Newsdesk
B of A Securities maintains a Buy rating on Amazon.com but lowers the price target from $220 to $210.
August 02, 2024 | 5:33 pm
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NEUTRAL IMPACT
B of A Securities analyst Justin Post maintains a Buy rating on Amazon.com but lowers the price target from $220 to $210.
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