In a report released today, Brian White from Monness maintained a Buy rating on Amazon (AMZN), with a price target of $2250.00. The company’s shares closed last Monday at $1887.46.
According to TipRanks.com, White is a top 100 analyst with an average return of 25.2% and a 73.7% success rate. White covers the Technology sector, focusing on stocks such as Spotify Technology SA, Slack Technologies, and Salesforce.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Amazon with a $2172.31 average price target, representing a 14.6% upside. In a report issued on January 9, SunTrust Robinson also maintained a Buy rating on the stock with a $2350.00 price target.
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Amazon’s market cap is currently $935.8B and has a P/E ratio of 83.57. The company has a Price to Book ratio of 16.53.
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