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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.
Last week I published a deep dive into the key factors behind Amazon's stock price this year. The number one factor driving the company's growth was where AWS growth would land.
The stock market's gains in the past year and a half have left many investors smiling. Since the end of 2022, the S&P 500 has risen by more than 37%.But that also puts investors in a difficult ...
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.
With shares up by over 240,000% since hitting public markets in 1997, Amazon (NASDAQ: AMZN) is a quintessential example of this trend. Under the leadership of CEO Andy Jassy, who took the helm ...
With the stock going for around 37.8 times forward price-to-earnings (P/E), not only is Amazon a great buy at around $230, but it may be the best value for growth in the entire Magnificent Seven ...
Amazon accounts for nearly 38% of all U.S. e-commerce, and it is constantly upgrading its platform to keep and grab more market share. The store's business sales increased 9% year over year in the ...
Here are three, but there are many.