Telsey Advisory Group Maintains Outperform on Amazon.com, Raises Price Target to $235
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group has maintained an 'Outperform' rating on Amazon.com and raised its price target from $215 to $235.
November 01, 2024 | 11:58 am
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Telsey Advisory Group has maintained an 'Outperform' rating on Amazon.com and increased its price target from $215 to $235, indicating confidence in the company's future performance.
The 'Outperform' rating suggests that the analyst expects Amazon's stock to perform better than the market average. The increase in the price target from $215 to $235 indicates a positive outlook on Amazon's future performance, which could lead to a short-term increase in stock price as investors react to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100