Amazon Stock-Price Targets Lifted at Credit Suisse and Oppenheimer [TheStreet.com]
Amazon.com, Inc. (AMZN)
Last amazon.com, inc. earnings: 4/30 04:01 pm
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Source: TheStreet.com
The parade of analysts raising their share-price target for online retail behemoth Amazon.com(AMZNGet ReportLast week, analysts set new Wall Street highs for their estimates twice - at $2,800 and then $2,900 amid the coronavirus pandemic.On Monday, Credit Suisse analysts, led by Stephen Ju, lifted their target to $2,800 from $2,400.And Oppenheimer analysts, led by Jason Helfstein, boosted their target to $2,700 from $2,400.Both analysts affirmed outperform ratings on the shares of the Seattle company.At Credit Suisse, the analysts see “faster customer adoption on online groceries in North America as well as purchase of necessary merchandise, given the decrease of retail foot traffic across Amazon’s operating regions,” they wrote in a report.“Signs that Amazon is getting crushed with demand were clear at the outset of the health crisis, … and we think we will ultimately look back on this event as one that spurred faster adoption for some of the more online-underpenetrated retail catego
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AMZN
Earnings
- 10/30/25 - Beat
AMZN
Sec Filings
- 12/3/25 - Form 4
- 11/25/25 - Form 4
- 11/25/25 - Form 4
- AMZN's page on the SEC website