Is Amazon good stock to buy right now? BofA Securities reiterated its buy rating for Amazon stock and upped its 12-month price target to 185 from 168 in a recent client note. "With retail margins still having room for upside and AWS poised to accelerate, we think the stock is attractively positioned into 2024," wrote BofA analyst Justin Post.5 days ago
Is AMZN expected to rise? According to 42 stock analysts, the average 12-month stock price forecast for Amazon stock is $171.48, which predicts an increase of 15.01%. The lowest target is $116 and the highest is $230. On average, analysts rate Amazon stock as a strong buy.
Is Amazon a strong buy or sell? The Amazon stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average.
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