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Added to YB: 2024-01-10

Pitch date: 2024-01-10

AMZN [bullish]

Amazon.com, Inc.

+45.89%

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

$155.04

Price Target

200.00 (-12%)

Dividend

N/A

EV/EBITDA

16.24

P/E

32.54

EV/Sales

3.66

Sector

Broadline Retail

Category

growth

Show full summary:
Amazon price target raised to $200 by Goldman Sachs

$AMZN PT $200 at GS: sees AMZN well-positioned for 2024 w/ eCommerce margin expansion, AWS growth reaccel to 17% in '24 driven by AI tailwinds & resumption of cloud migration projects. Expects AMZN to lead in eCommerce, advertising, media, subscriptions & cloud.

Read full article (1 min)