Truist Securities Maintains Buy on Amazon.com, Raises Price Target to $270
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on Amazon.com and raised the price target from $265 to $270.
November 01, 2024 | 2:23 pm
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Truist Securities has maintained its Buy rating on Amazon.com and increased the price target from $265 to $270, indicating confidence in the company's future performance.
The increase in price target from $265 to $270 by Truist Securities suggests a positive outlook on Amazon's future performance. This is likely to boost investor confidence and could lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100