Amazon.com Inc.'s stock faced a slight decline of 1.07% recently but maintains an overall gain of 3.28% in the past month. Analysts remain optimistic about its performance, with price targets being adjusted upward following positive Q1 earnings. Despite dips after recent highs, segments like AWS and new ventures in AI, such as the upcoming Nova model, hint at future growth potential. The stock's historical performance since 2005 showcases significant increases, adding confidence in its long-term trajectory, although year-to-date metrics remain unfavorable.
Shares of Amazon.com Inc. (NASDAQ: AMZN) fell by 1.07% over the past five trading sessions, slowing a rally that has now seen the stock gain 3.28% over the past month.
JPMorgan analyst Doug Anmuth raised its price target on Amazon to $240 from $225, maintaining an overweight rating on the shares, reversing recent number cuts following better-than-expected Q1 earnings.
Collection
[
|
...
]