Jefferies Remains a Buy on Amazon (AMZN) – TipRanks Financial Blog

Jefferies analyst Brent Thill maintained a Buy rating on Amazon (AMZNResearch Report) today and set a price target of $225.00. The company’s shares opened today at $186.74.

Thill covers the Technology sector, focusing on stocks such as Adobe, Salesforce, and Palantir Technologies. According to TipRanks, Thill has an average return of -2.3% and a 46.00% success rate on recommended stocks.

Currently, the analyst consensus on Amazon is a Strong Buy with an average price target of $210.92, a 12.95% upside from current levels. In a report released today, Piper Sandler also assigned a Buy rating to the stock with a $205.00 price target.

The company has a one-year high of $187.34 and a one-year low of $97.71. Currently, Amazon has an average volume of 42.75M.

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Amazon (AMZN) Company Description:

Amazon.com, Inc. provides online retail shopping services and also generates revenue from cloud computing services. It operates through three business segments: North America, International, and Amazon Web Services (AWS). The North America and International segments include retail sales of consumer products and subscriptions (like Amazon Prime membership fees). AWS generates revenue from the global sales of compute, storage, database, and other service offerings. Founded by Jeffrey P. Bezos in July 1994, the company is headquartered in Seattle, WA.