Amazon.com Inc (AMZN)

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Amazon.com, Inc. (NASDAQ:AMZN) Given Average Recommendation of "Buy" by Brokerages
By: MarketBeat | February 13, 2021

Shares of Amazon.com, Inc. (NASDAQ:AMZN) have received a consensus recommendation of "Buy" from the fifty-three research firms that are presently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and forty-five have given a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $3,897.20.

Several analysts have weighed in on AMZN shares. Guggenheim upped their price objective on shares of Amazon.com from $3,600.00 to $4,000.00 and gave the stock a "buy" rating in a research note on Wednesday, February 3rd. Piper Sandler reiterated an "overweight" rating and set a $3,903.00 target price (up from $3,860.00) on shares of Amazon.com in a research report on Friday, October 30th. Oppenheimer upped their target price on shares of Amazon.com from $3,700.00 to $4,100.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 3rd. Sanford C. Bernstein upped their target price on shares of Amazon.com from $3,400.00 to $3,700.00 and gave the stock an "outperform" rating in a research report on Friday, October 30th. Finally, KeyCorp upped their target price on shares of Amazon.com from $3,500.00 to $3,700.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 3rd.

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