On August 26, Amazon's stock rose 0.1% after Evercore ISI upgraded its price target to $240.

Amazon's stock rose 0.1% on August 26 after Evercore ISI upgraded its price target from $225 to $240, maintaining an "outperform" rating. Analysts generally hold a "Buy" rating, with an average target of $222.84. Amazon reported Q2 earnings of $1.23 per share, exceeding expectations by $0.18. Insiders sold over 6 million shares recently, and institutional investors own 72.2% of the stock. The company has a market cap of $2 trillion.

September 23, 2024
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