Goldman Sachs Maintains Buy on Amazon.com, Raises Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan has maintained a Buy rating on Amazon.com and raised the price target from $230 to $240.
November 01, 2024 | 10:00 am
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Goldman Sachs has reiterated its Buy rating on Amazon.com and increased the price target from $230 to $240, indicating confidence in the company's future performance.
The increase in price target by a major financial institution like Goldman Sachs suggests a positive outlook for Amazon's stock, likely leading to increased investor confidence and potential upward movement in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100