Truist Securities Maintains Buy on Amazon.com, Raises Price Target to $265
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Amazon.com and raised its price target from $230 to $265, indicating a positive outlook for the company's stock.
September 30, 2024 | 1:39 pm
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POSITIVE IMPACT
Truist Securities has maintained a Buy rating on Amazon.com and increased the price target from $230 to $265, suggesting confidence in the company's future performance.
The increase in the price target from $230 to $265 by Truist Securities reflects a positive sentiment towards Amazon's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100