Topeka Starts Amazon.com (AMZN) at Buy, Sets New Street-High Target at $400

May 15, 2012 8:28 AM EDT
Get Alerts AMZN Hot Sheet
Price: $262.65 -0.94%

Rating Summary:
    68 Buy, 7 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
Topeka Capital's Victor Anthony initiated coverage on Amazon.com (NASDAQ: AMZN) shares with a Buy rating Tuesday morning. The analyst also set a new Street-high price target at $400. According to data from Bloomberg, the next highest price target currently sits at $300, set by Goldman's Heather Bellini.

With Amazon.com shares up about 1.6 percent to $226.58, Anthony's new price target represents potential upside of about 77 percent.

For an analyst ratings summary and ratings history on Amazon.com click here. For more ratings news on Amazon.com click here.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

New Coverage