In a report released today, Brent Thill from Jefferies maintained a Buy rating on Amazon (AMZN – Research Report), with a price target of $190.00. The company’s shares closed today at $159.28.
Thill covers the Technology sector, focusing on stocks such as Microsoft, Adobe, and Salesforce. According to TipRanks, Thill has an average return of -3.1% and a 46.49% success rate on recommended stocks.
Amazon has an analyst consensus of Strong Buy, with a price target consensus of $187.40, implying a 17.65% upside from current levels. In a report released yesterday, Piper Sandler also assigned a Buy rating to the stock with a $185.00 price target.
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The company has a one-year high of $161.73 and a one-year low of $88.12. Currently, Amazon has an average volume of 46.72M.
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Amazon (AMZN) Company Description:
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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