Analyst sets Amazon stock price roadmap to $240
Amazon (NASDAQ: AMZN) has recently shown a significant recovery following a sharp decline between July and August 2024.Despite experiencing a notable drop from its yearly highs above $200, largely due to a broad stock market downturn at the start of August, Amazon has, in more recent trading, initiated a strong recovery.Over the past two weeks, the stock has posted its strongest performance since October 2023, marking a crucial rebound from the losses sustained in the preceding months. This rebound is part ...