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AMZN Stock Rises Following Analyst's Bullish Predictions
AmazonAmazon(US:AMZN) GuruFocusยท2024-10-04 18:52

Amazon (AMZN, Financial) shares climbed by 1.64%, reaching a price of $184.94 recently. This uptick in stock price was fueled by positive analyst sentiment from Wall Street, notably from JMP Securities analyst Nicholas Jones, who underscored Amazon's operational optimization potential.JMP Securities' Nicholas Jones reiterated a buy rating for Amazon (AMZN, Financial), setting a price target of $265, which implies an approximately 46% upside from the current market price. Jones highlighted that Amazon has th ...