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Amazon (AMZN) shares have increased by 10.2% over the last four weeks, closing at $234.69. Wall Street analysts have set a mean price target of $294.4, suggesting a potential upside of 25.4%. The price targets range from a low of $230.00 to a high of $340.00, with a standard deviation of $21.18.
The Zacks Consensus Estimate for Amazon’s current year earnings has risen by 5.4% over the past month, influenced by positive revisions from analysts. Currently, Amazon holds a Zacks Rank of #2 (Buy), positioning it in the top 20% of over 4,000 ranked stocks based on earnings estimates.
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