Jefferies analyst Brent Thill maintained a Buy rating on Amazon (AMZN – Research Report) today and set a price target of $125.00. The company’s shares closed yesterday at $97.18.
Thill covers the Technology sector, focusing on stocks such as Salesforce, Meta Platforms, and Microstrategy. According to TipRanks, Thill has an average return of -4.2% and a 37.35% success rate on recommended stocks.
Amazon has an analyst consensus of Strong Buy, with a price target consensus of $131.75, representing a 35.57% upside. In a report released today, Bernstein also maintained a Buy rating on the stock with a $120.00 price target.
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AMZN market cap is currently $991.4B and has a P/E ratio of 89.24.
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Amazon.com, Inc. provides online retail shopping services and also generates revenue from cloud computing services. It operates through three business segments: North America, International, and Amazon Web Services (AWS). The North America and International segments include retail sales of consumer products and subscriptions (like Amazon Prime membership fees). AWS generates revenue from the global sales of compute, storage, database, and other service offerings. Founded by Jeffrey P. Bezos in July 1994, the company is headquartered in Seattle, WA.
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