Amazon Stock: Analyst Target Prices and Upside Potential
Key Metrics and Insights
With 42 Wall Street analysts providing their short-term price targets for Amazon (AMZN), the average target price stands at $227.81. This figure represents a potential upside of 6.7% based on the current stock price. Notably, the range of analysts' target prices extends from $200.00 to $275.00, indicating a moderate level of consensus among experts.
Analyst Ratings and Recommendations
In addition to price targets, analysts have also assigned ratings to Amazon. The distribution of these ratings is as follows:
- Buy: 38 analysts (90%)
- Hold: 3 analysts (7.1%)
- Sell: 1 analyst (2.4%)
The strong consensus among analysts on a "Buy" rating further underscores the positive outlook for Amazon's stock.
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