Monness analyst Brian White has maintained a Buy rating on Amazon (AMZN – Research Report) and set a price target of $136.00. The company’s shares closed at $130.36 last Friday.
According to TipRanks, White is a top 100 analyst with an average return of 20.5% and a 67.55% success rate. He covers the Technology sector, focusing on stocks such as Salesforce, Amazon, and Apple.
The general consensus on The Street suggests a Strong Buy analyst rating for Amazon with an average price target of $141.09, representing an 8.23% upside. DBS also initiated coverage with a Buy rating on the stock and a $150.00 price target.
Amazon’s market cap is currently $1337.5B, and it has a P/E ratio of 316.25.
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. You can see which three stocks are most likely to make moves following their insider activities on TipRanks.
Amazon.com, Inc. provides online retail shopping services and 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. The company was founded by Jeffrey P. Bezos in July 1994 and is headquartered in Seattle, WA.
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