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The firm maintained a buy rating on the stock and a one-year price target of $225 per share, which would represent upside of roughly 21% based on Amazon's closing price of $186.41 per share today.
Wall Street's banner year in 2024 lifted a bunch of stocks to record highs -- including Amazon (AMZN), which hit a new high of $233 on Dec. 16, 2024. Shares of the online retail giant have since...
The median 12-month Amazon stock price forecast is currently $170, or about 42% above current levels. The highest price forecast is $200 and the lowest is $85.
What is pre-market trading? Pre-market trading is another way that you can trade stocks or ETFs , in addition to the regular daily hours and the after-hours sessions.
Amazon (NASDAQ: AMZN) stock slipped 2.7% through 10:20 a.m. ET Monday morning after Wells Fargo analyst Ken Gawrelski downgraded the stock from overweight to equal weight (i.e., from buy to hold).
While Amazon stock has risen roughly 17.5% across this year's trading, the S&P 500 index has delivered a dividend-adjusted total return of 19.5% as of this writing.