Wedbush Maintains Outperform on Amazon.com, Raises Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Scott Devitt maintains an Outperform rating on Amazon.com and raises the price target from $225 to $250.
November 01, 2024 | 7:44 pm
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Wedbush analyst Scott Devitt has increased the price target for Amazon.com from $225 to $250 while maintaining an Outperform rating. This suggests a positive outlook for Amazon's stock performance.
The increase in price target from $225 to $250 by Wedbush, along with the maintained Outperform rating, indicates a positive sentiment from the analyst. This is likely to boost investor confidence and could lead to a short-term increase in Amazon's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100