Baird Maintains Outperform on Amazon.com, Raises Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Colin Sebastian maintains an Outperform rating on Amazon.com and raises the price target from $213 to $220.
November 01, 2024 | 12:46 pm
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POSITIVE IMPACT
Baird analyst Colin Sebastian has reaffirmed an Outperform rating for Amazon.com and increased the price target from $213 to $220, indicating positive expectations for the stock.
The reaffirmation of an Outperform rating and the increase in the price target from $213 to $220 by a reputable analyst suggests a positive outlook for Amazon's stock. 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