Amazon (AMZN) Gets a Buy Rating from Raymond James


Raymond James analyst Aaron Kessler maintained a Buy rating on Amazon (AMZN) today and set a price target of $1960. The company’s shares closed yesterday at $1718.73.

According to TipRanks.com, Kessler is a top 100 analyst with an average return of 23.0% and a 69.5% success rate. Kessler covers the Technology sector, focusing on stocks such as Trade Desk Inc, Cardlytics Inc, and Criteo SA.

Amazon has an analyst consensus of Strong Buy, with a price target consensus of $2130.52, representing a 24.0% upside. In a report issued on January 17, Loop Capital Markets also maintained a Buy rating on the stock with a $2200 price target.

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The company has a one-year high of $2050.50 and a one-year low of $1265.93. Currently, Amazon has an average volume of 6.97M.

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