Amazon.com (AMZN) PT Raised to $250 at Oppenheimer
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Nasdaq futures drop over 2% as AI buildout costs, Fed rate outlook weigh
- Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
- Oil prices fall as investors focus on Hormuz flows after peace talks
- SpaceX slides, tech stocks dip — what’s moving markets
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
BofA on Amazon.com (AMZN): 'Faster delivery expanding to rural America'
June 24, 2025 1:53 PM EDTBofA Securities analyst Justin Post reiterated a Buy rating and $248.00 price target on Amazon.com (NASDAQ: AMZN)
The analyst comments "As part of Amazons $4bn+ investment to triple the size of our [rural] delivery network by the end of 2026, Amazon is expanding Same-Day and Next-Day delivery to over 4,000 small cities and towns by the end of this year. The... More
JPMorgan Reiterates 'Best Idea' on Amazon.com (AMZN)
June 24, 2025 6:27 AM EDTJPMorgan analyst Doug Anmuth reiterated an Overweight rating and $240.00 price target on Amazon.com (NASDAQ: AMZN)
The analyst comments "Amazon remains our best idea and our December 2025 PT of $240 is based on ~32.5x our 2026E FCF of $75B. Retail advertising growing fast and gaining wallet share. Retail media is one of the fastest growing online ad verticals & represents an estimated 15-20% of US online ad spend (~$42B-$56B), and the advertising opportunity remains significant across both revenue & as a margin tailwind. The US online... More

