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Wells Fargo analyst Ken Gawrelski downgraded the stock from Overweight to Equal Weight and lowered his price target for the stock from $225 to $183. ... see Amazon stock rising over 20% to about ...
Amazon stock has already risen roughly 23% in 2024, and some analysts expect a very strong quarterly report next month.
Wall Street's banner year in 2024 lifted a bunch of stocks to record highs -- including Amazon (AMZN), which hit a new high of $233 on Dec. 16, 2024. Shares of the online retail giant have since...
But could buying Amazon stock today set you up for life? ... its share price has skyrocketed by more than 2,255x. ... Amazon's market cap tops $2.3 trillion today. The company dominates the e ...
Amazon (NASDAQ: AMZN) stock slipped 2.7% through 10:20 a.m. ET Monday morning after Wells Fargo analyst Ken Gawrelski downgraded the stock from overweight to equal weight (i.e., from buy to hold).
JPMorgan has an "overweight" rating on Amazon and a $230 price target. This suggests nearly 23% upside from current levels. Amazon's consensus third-quarter net sales estimate is $157.29 billion.
The median 12-month Amazon stock price forecast is currently $170, or about 42% above current levels. The highest price forecast is $200 and the lowest is $85. Is Amazon a Good Long-Term Investment?
Amazon's stock has basically priced in elevated inflation and a potential recession, Jefferies long-time tech analyst Brent Thill says, meaning that it's an attractive investment.