Pivotal Research begins Amazon coverage, sees strong growth with $260 PT

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Go back to Pivotal Research begins Amazon coverage, sees strong growth with $260 PT

Goldman Sachs Reiterates Buy Rating on Amazon.com (AMZN)

October 15, 2024 5:53 AM EDT

Goldman Sachs analyst Eric Sheridan reiterated a Buy rating and $230.00 price target on Amazon.com (NASDAQ: AMZN).

The analyst comments "We expect the following themes to be on display in Amazons Q324 earnings report: 1) Relatively stable eCommerce demand; 2) A robust advertising environment; & 3) Continued acceleration at AWS. The... More