Amazon agrees to worker safety measures to settle US probe

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Amazon.com (AMZN) PT Raised to $245 at Tigress Financial Partners

December 20, 2024 9:05 AM EST

Tigress Financial Partners analyst Ivan Feinseth raised the price target on Amazon.com (NASDAQ: AMZN) to $245.00 while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating and increase our 12-month target price to $245 as AMZN continues to benefit from strong retail trends driven by its ability to leverage generative AI and its fulfillment capabilities along with the integration of AI across all of its business lines. AMZN continues to see strong retail and e-commerce revenue growth driven by increased customer engagement. AMZNs Record-Breaking Black Friday Week And Cyber Monday... More