Evercore ISI Group Maintains Outperform on Amazon.com, Raises Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an 'Outperform' rating on Amazon.com and raised its price target from $225 to $240, indicating a positive outlook for the company's stock.
September 20, 2024 | 12:53 pm
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POSITIVE IMPACT
Evercore ISI Group has maintained an 'Outperform' rating on Amazon.com and increased its price target from $225 to $240, suggesting a positive short-term outlook for the stock.
The 'Outperform' rating and increased price target from a reputable analyst firm like Evercore ISI Group typically signals confidence in Amazon's future performance, likely leading to a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100