Amazon.com (AMZN) PT Raised to $225 at Loop Capital

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Go back to Amazon.com (AMZN) PT Raised to $225 at Loop Capital

Amazon (AMZN) stock target raised at Loop as retail business still underestimated

May 6, 2024 9:08 AM EDT

The price target for Amazon (NASDAQ: AMZN) shares was raised to $225 at Loop Capital on Monday, with the firm maintaining a Buy rating on the stock as AWS (Amazon Web Services) reaccelerates and the retail profit ramp is still "meaningfully underestimated."

Loop Capital analysts updated their... More