fromTipRanks Financial
3 days agoAmazon's Stock Soars Amid Analyst Praise and Internal Shifts - TipRanks.com
Amazon is currently in the spotlight as top Goldman Sachs analyst Eric Sheridan has raised his price target for the company to $275, maintaining a strong Buy rating. Sheridan highlights Amazon's leadership in e-commerce, digital advertising, and cloud computing, with a particular focus on the potential growth of Amazon Web Services (AWS) and the advertising segment. He anticipates AWS to achieve over 20% top-line growth and maintain robust EBIT margins by 2025-2026.
E-Commerce