Analysts revise Amazon stock price targets after earnings

Though Amazon (NASDAQ: AMZN) has certainly been a player in the Q1 2024 stock market bull run, having risen substantially since January 2, it received another major boost at the very end of April.The company’s earnings report, covering the first trimester of the year, offered a positive surprise as it demonstrated that both the core business, and the more technology-oriented Amazon Web Services (AWS) grew both substantially and more than was forecasted. The positive announcement led to an onslaught of price ...