JMP Securities analyst Nicholas Jones CFA maintained a Buy rating on Amazon (AMZN – Research Report) today and set a price target of $265.00. The company’s shares opened today at $183.05.
Jones CFA covers the Consumer Cyclical sector, focusing on stocks such as Amazon, ACV Auctions, and Chewy. According to TipRanks, Jones CFA has an average return of 25.0% and a 53.98% success rate on recommended stocks.
Amazon has an analyst consensus of Strong Buy, with a price target consensus of $224.05, which is a 22.40% upside from current levels. In a report released today, Morgan Stanley also maintained a Buy rating on the stock with a $210.00 price target.
AMZN market cap is currently $1939.2B and has a P/E ratio of 44.27.
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Amazon (AMZN) Company Description:
Amazon.com, Inc. provides online retail shopping services and also generates revenue from cloud computing services. It operates through three business segments: North America, International, and Amazon Web Services (AWS). The North America and International segments include retail sales of consumer products and subscriptions (like Amazon Prime membership fees). AWS generates revenue from the global sales of compute, storage, database, and other service offerings. Founded by Jeffrey P. Bezos in July 1994, the company is headquartered in Seattle, WA.
