Deep Dive Into Amazon.com Stock: Analyst Perspectives (39 Ratings)
Portfolio Pulse from Benzinga Insights
Amazon.com (NASDAQ:AMZN) has received 39 analyst ratings over the past three months, with a majority being bullish. The average 12-month price target has increased to $224.15. Analysts have adjusted their ratings and price targets, reflecting positive sentiment towards Amazon's financial performance, including strong revenue growth and profitability.
September 12, 2024 | 1:00 pm
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Amazon.com has received predominantly bullish analyst ratings, with an average 12-month price target of $224.15, indicating positive sentiment. Analysts have adjusted their ratings and price targets, reflecting confidence in Amazon's strong financial performance, including revenue growth and profitability.
The article highlights that Amazon.com has received a majority of bullish ratings from analysts, with an increase in the average price target. This suggests a positive outlook on the stock, driven by Amazon's strong financial performance, including revenue growth and profitability. The adjustments in ratings and price targets by analysts indicate confidence in Amazon's market position and future prospects.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100