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Gawrelski also cut his price target on the e-commerce giant to $183 -- just a couple of dollars above where it trades this morning. What Wells Fargo said about Amazon
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.
Image source: Amazon. Amazon stock appears expensive, but its valuation might be justified. Before considering whether to buy Amazon stock ahead of Feb. 6, we should first examine its valuation.
E-commerce pioneer Amazon (NASDAQ: AMZN) stock has been a roller-coaster ride in recent years. Share prices soared more than 50% in three of the last eight years, mixed in with a 50% drop in 2022.
Amazon websites are country-specific (for example, amazon.com for the US and amazon.co.uk for UK) though some offer international shipping. [51] Visits to amazon.com grew from 615 million annual visitors in 2008, [52] to more than 2 billion per month in 2022. [citation needed] The e-commerce platform is the 12th most visited website in the ...
The following is a list of publicly traded companies having the greatest market capitalization, sometimes described as their "market value": [1]. Market capitalization is calculated by multiplying the share price on a selected day and the number of outstanding shares on that day.
Amazon accounts for nearly 38% of all U.S. e-commerce, and it is constantly upgrading its platform to keep and grab more market share. The store's business sales increased 9% year over year in the ...
Amazon climbed 6.2% after delivering a bigger profit for the latest quarter than analysts expected and was the strongest force pushing the S&P 500 higher. Stock market today: Amazon leads Wall ...