Wells Fargo Maintains Overweight on Amazon.com, Lowers Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ken Gawrelski maintains an Overweight rating on Amazon.com but lowers the price target from $232 to $225.
August 26, 2024 | 1:00 pm
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Wells Fargo analyst Ken Gawrelski maintains an Overweight rating on Amazon.com but lowers the price target from $232 to $225.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal may result in a neutral short-term impact on AMZN's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100