Scotiabank Maintains Sector Outperform on Amazon.com, Raises Price Target to $246
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Nat Schindler maintains a Sector Outperform rating on Amazon.com and raises the price target from $245 to $246.
November 01, 2024 | 2:24 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Scotiabank analyst Nat Schindler maintains a Sector Outperform rating on Amazon.com and slightly raises the price target from $245 to $246.
The maintenance of a Sector Outperform rating and a slight increase in the price target by Scotiabank suggests a positive outlook for Amazon's stock. This could lead to a short-term positive impact on the stock price as investors may view the analyst's confidence as a sign of potential growth.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100