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Analysts update Amazon stock price target
AmazonAmazon(US:AMZN) Finbold·2024-06-19 14:11

While the Magnificent Seven stocks have been rushing toward a new milestone, totaling a market capitalization of $15 trillion for the first time in history, Wall Street analysts have updated their price targets for one of these super-performers – Amazon (NASDAQ: AMZN).As it happens, Amazon has transformed from an e-commerce pioneer to a real technology behemoth, benefitting from advances in artificial intelligence (AI) to reshape and improve its business model, and its stocks have increased in price by over ...