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Amazon (AMZN) Price Target and Estimates Cut as Macro Pressures Grow - BofA

October 3, 2022 1:56 PM EDT

Amazon (NASDAQ: AMZN) estimates and its price target was cut at BofA by analyst Justin Post in a research note on Monday.

Post told investors the firm has cut its price target on the technology giant to $157 from $170 based, maintaining a Buy rating on the stock.

The analyst stated that macro pressures are growing. As a... More