Amazon.com (NASDAQ:AMZN) Price Target Increased to $210

Wednesday, 17 July 2024, 12:29
Needham & Company LLC has raised their price target for Amazon.com (NASDAQ:AMZN) from $205.00 to $210.00, maintaining a 'buy' rating for the stock. This adjustment reflects a positive outlook on Amazon's financial performance and market strategy. Investors might see this as an opportunity to consider buying shares, given the bank's optimistic forecast.
Marketbeat
Amazon.com (NASDAQ:AMZN) Price Target Increased to $210

Amazon.com Price Target Adjustment

Needham & Company LLC has raised their target price on shares of Amazon.com from $205.00 to $210.00. This alteration comes with a solid recommendation as the firm has positioned Amazon with a "buy" rating in a recent research note released on Wednesday.

Key Takeaways

  • Price target increased to $210.00.
  • Previous target was $205.00.
  • Maintains a "buy" rating.

This price target revision indicates confidence in Amazon's future growth prospects and can influence investor sentiment positively.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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