Piper Sandler adjusted its financial outlook for Amazon.com (NASDAQ:AMZN), increasing the price target to $265 from the previous $225, while maintaining an Overweight rating on the company's shares.
Shares of Amazon (NASDAQ: AMZN) were up 44% in 2024, handily outpacing the 23% return for the S&P 500. And as far as I'm concerned, this outperformance was easy to anticipate for investors who ...
This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Amazon is expected to post earnings of $1.52 per share ...