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The firm maintained a buy rating on the stock and a one-year price target of $225 per share, which would represent upside of roughly 21% based on Amazon's closing price of $186.41 per share today.
Amazon's fourth quarter had several bearish points, which weighed on the stock — shares fell 4.1% on Feb. 7, the morning after earnings. But the stock has since found firmer footing. About those ...
Meta and Microsoft slid after slight earnings beats, and Amazon and Apple are set to report after market close. PCE inflation, the Fed's preferred inflation gauge, dropped to 2.1% while jobless ...
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).
Before considering whether to buy Amazon stock ahead of Feb. 6, we should first examine its valuation. Based on the company's trailing-12-month EPS of $4.67, the stock trades at a price-to ...
Amazon's stock climbed as much as 6% in volatile after-hours trading shortly after the results. Despite a sharp 3.3% drop during regular trading on Thursday, the stock is still up 23% so far in 2024.
While Amazon stock has risen roughly 17.5% across this year's trading, the S&P 500 index has delivered a dividend-adjusted total return of 19.5% as of this writing.
E-commerce pioneer Amazon (NASDAQ: AMZN) stock has been a roller-coaster ride in recent years. Share prices soared more than 50% in three of the last eight years, mixed in with a 50% drop in 2022 ...