Professional
Added to YB: 2024-10-01
Pitch date: 2024-09-30
AMZN [bullish]
Amazon.com, Inc.
+22.33%
current return
Author Info
No bio for this author
Company Info
Amazon.com, Inc. engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally.
Market Cap
$2.5T
Pitch Price
$184.90
Price Target
265.00 (+17%)
Dividend
N/A
EV/EBITDA
16.24
P/E
32.54
EV/Sales
3.66
Sector
Broadline Retail
Category
growth
Truist Securities Raises Amazon (AMZN) Price Target to $265
AMZN: Truist raises PT to $265. NA rev on track, resilient consumer, ad growth, AWS acceleration, higher margins Y/Y despite AI/AWS/logistics investments. Gaining e-commerce share, improving merchant/consumer value. Best mega-cap play for Cloud, AI, digital ads, global logistics.
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