Amazon.com (AMZN) PT Raised to $4,250 at Monness, Crespi, Hardt

February 3, 2021 8:20 AM EST
Get Alerts AMZN Hot Sheet
Price: $3,379.09 +1.38%

Rating Summary:
    55 Buy, 3 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 23 | Down: 21 | New: 24
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Monness, Crespi, Hardt analyst Brian White raised the price target on Amazon.com (NASDAQ: AMZN) to $4,250.00 (from $4,000.00) while maintaining a Buy rating.

The analyst commented, "Last night, Amazon delivered strong 4Q:20 results with a healthy 1Q:21 outlook. We believe Amazon is uniquely positioned to exit this crisis as one of the world’s biggest beneficiaries of accelerated digital transformation (both consumer and enterprise). We are increasing our estimates and raising our 12-month price target to $4,250 from $4,000. "



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