Evercore ISI Group Maintains Outperform on Amazon.com, Raises Price Target to $260
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an 'Outperform' rating on Amazon.com and raised its price target from $240 to $260, indicating a positive outlook for the company's stock.
November 01, 2024 | 10:50 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Evercore ISI Group has maintained an 'Outperform' rating on Amazon.com and increased its price target from $240 to $260, suggesting a positive short-term outlook for the stock.
The increase in the price target from $240 to $260 by Evercore ISI Group reflects a positive sentiment towards Amazon's future performance. The 'Outperform' rating suggests that the stock is expected to perform better than the market average, which is likely to attract investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100