Wedbush Sticks to Their Buy Rating for, Inc. (AMZN)

In a report released today, Michael Pachter from Wedbush reiterated a Buy rating on, Inc. (AMZN), with a price target of $2000. The company’s shares closed on Thursday at $1861.69.

According to, Pachter is a 1-star analyst with an average return of -0.8% and a 51.5% success rate. Pachter covers the Services sector, focusing on stocks such as Cinemark Holdings Inc, AMC Entertainment, and Best Buy Co., Inc. has an analyst consensus of Strong Buy, with a price target consensus of $2124.28, which is a 14.1% upside from current levels. In a report issued on April 8, Piper Jaffray also reiterated a Buy rating on the stock with a $2070 price target.

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The company has a one-year high of $2050.50 and a one-year low of $1307. Currently,, Inc. has an average volume of 4.43M.

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