JMP Securities Maintains Market Outperform on Amazon.com, Raises Price Target to $265
Portfolio Pulse from Benzinga Newsdesk
JMP Securities has maintained a Market Outperform rating on Amazon.com and raised its price target from $245 to $265.
September 03, 2024 | 12:23 pm
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JMP Securities has maintained a Market Outperform rating on Amazon.com and increased its price target from $245 to $265, indicating confidence in the company's future performance.
The increase in the price target from $245 to $265 by JMP Securities suggests a positive outlook on Amazon's future performance. Maintaining a Market Outperform rating indicates that the analyst expects Amazon to perform better than the market average, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100