Wedbush analyst Scott Devitt maintained a Buy rating on Amazon today and set a price target of $250.00. The company’s shares opened today at $227.40.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Devitt covers the Consumer Cyclical sector, focusing on stocks such as Amazon, CarMax, and eBay. According to TipRanks, Devitt has an average return of 12.3% and a 51.52% success rate on recommended stocks.
In addition to Wedbush, Amazon also received a Buy from Truist Financial’s Youssef Squali in a report issued today. However, yesterday, Wells Fargo maintained a Hold rating on Amazon (NASDAQ: AMZN).
AMZN market cap is currently $2362B and has a P/E ratio of 34.27.
Read More on AMZN:
- Tiger Global boosts stakes in Meta, Amazon, Microsoft, Nvidia, Reddit
- Walmart Stock (WMT) Rises as Discounts Help Staff Combat Inflation Hikes
- “Stick to the…Playbook” Amazon Stock (NASDAQ:AMZN) Gains on Familiar Prime Day Plans
- 3 Mega Cap Stocks with Potential to Beat the Market, 8/14/25
- Walmart backing away from Amazon ad tech rival Trade Desk, The Information says