Cantor Fitzgerald Maintains Overweight on Amazon.com, Lowers Price Target to $210
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald has maintained an Overweight rating on Amazon.com but lowered its price target from $230 to $210.

October 09, 2024 | 3:39 pm
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Cantor Fitzgerald has maintained an Overweight rating on Amazon.com but lowered its price target from $230 to $210, indicating a slightly less optimistic outlook.
The maintenance of an Overweight rating suggests continued confidence in Amazon's performance, but the lowered price target reflects a tempered outlook, possibly due to market conditions or company performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100