Benzinga
Published Jul 29, 2022 14:09
Updated Jul 29, 2022 14:40
Amazon Faces Several Price Target Increases After Upbeat Q2 Earnings, But This Analyst Cuts PT
Amazon.com, Inc. (NASDAQ: NASDAQ:AMZN) reported better-than-expected results for its second quarter. The company said it expects-third quarter net sales to be in a range of $125 billion to $130 billion, up 13% to 17% year-over-year.
Amazon shares jumped 10.2% to $134.71 in pre-market trading.
Several analysts made changes to their price targets on Amazon following the release of results.
Below are the analysts raising price target on Amazon.
However, below is the analyst cutting price target on Amazon.com.
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