Oppenheimer Maintains Outperform on Amazon.com, Raises Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Jason Helfstein maintains an Outperform rating on Amazon.com and raises the price target from $220 to $230.
November 01, 2024 | 1:19 pm
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Oppenheimer analyst Jason Helfstein maintains an Outperform rating on Amazon.com and raises the price target from $220 to $230.
The increase in the price target from $220 to $230 by Oppenheimer suggests a positive outlook on Amazon's stock performance. The Outperform rating indicates that the analyst expects Amazon to perform better than the market average, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100