Form 144 AMAZON COM INC Filed by: Selipsky Adam

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Amazon.com (AMZN) PT Raised to $230 at MoffettNathanson

April 22, 2024 6:21 AM EDT

MoffettNathanson analyst Michael Morton raised the price target on Amazon.com (NASDAQ: AMZN) to $230.00 (from $228.00) while maintaining a Buy rating.

The analyst comments "With Amazons FY24 consensus EBIT estimates revised +60% higher in the last twelve months and the equity +64% vs. S&P +20%, one would be forgiven for thinking all the juice has been squeezed. Our forecasts suggest theres more. Whats the basis of... More