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The firm maintained a buy rating on the stock and a one-year price target of $225 per share, which would represent upside of roughly 21% based on Amazon's closing price of $186.41 per share today.
The company's stock price improved by more than 2% on the day, ... ever-influential Bank of America raised its price target on Amazon and reiterated its buy recommendation. It now feels the shares ...
The median 12-month Amazon stock price forecast is currently $170, or about 42% above current levels. The highest price forecast is $200 and the lowest is $85.
Amazon stock is a no-brainer buy. ... An estimated 95% of 65 covering analysts call it a buy, with an average target price 13% higher than today and a high of 86% over the next 12 to 18 months.
The analysts maintained their buy rating on the stock while raising their price target to $220, up from $210. This suggests potential gains for investors of 18%, compared to Tuesday's closing ...
The funds gained from the IPO allowed Amazon to grow quickly, making its first three acquisitions on April 27, 1998, less than a year after the company had gone public. [2] After the dot-com bubble burst on March 11, 2000, several companies that Amazon had invested in went bankrupt, with Amazon's stock price itself sinking to record lows. [3]
In October 1998, he predicted that the common stock of Amazon (Nasdaq: AMZN) then trading at $240, would be priced at $400 within a year. This was thought highly unlikely at the time; however, just three weeks later Amazon's stock price passed that mark, a gain of 67%. [5] This call received significant media attention.
Fool.com contributor Parkev Tatevosian discusses the factors driving Amazon's (NASDAQ: AMZN) stock price higher. *Stock prices used were the afternoon prices of June 19, 2024. The video was ...