Amazon's stock target rises to $215 and $246 after reporting $158.88 billion in revenue.

Amazon's stock price target has been raised by several firms, with Benchmark setting it at $215 and Scotiabank at $246, both maintaining "buy" ratings. The company reported $158.88 billion in revenue and earnings per share (EPS) of $1.43, surpassing expectations. Analysts project a full-year EPS of $4.84 for 2023. Amazon's market capitalization stands at $2.05 trillion, reflecting strong investor confidence in its growth.

November 05, 2024
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