Loop Capital Markets Keeps Their Buy Rating on Amazon (AMZN)

In a report released on February 2, Rob Sanderson from Loop Capital Markets maintained a Buy rating on Amazon (AMZNResearch Report), with a price target of $140.00. The company’s shares opened today at $102.93.

According to TipRanks, Sanderson is ranked #704 out of 8302 analysts.

In addition to Loop Capital Markets, Amazon also received a Buy from Jefferies’s Brent Thill in a report issued today. However, on February 3, Rosenblatt Securities maintained a Hold rating on Amazon (NASDAQ: AMZN).

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AMZN market cap is currently $1059.5B and has a P/E ratio of -380.25.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities., 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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