Jun 26, 12:22 PM

BofA Raises Amazon Price Target to $220 on Efficiency Improvements, Retail Margin Expansion

Bank of America has raised Amazon's price target to $220 from $210, highlighting expected retail margin expansion and ongoing efficiency improvements in logistics. Despite these improvements, metrics still lag 2018 levels, indicating further room for gains.

#Bank of America #Amazon

Written with ChatGPT (GPT-3).

Sources

Mukund Mohan@mukund
2 years ago
$AMZN Bank of America reiterates Amazon as buy Bank of America raised its price target on the stock to $220 per share from $210. ” Amazon has built a Logistics (AMZL) powerhouse, we project over 9bn packages to be delivered globally this year, and AMZL could now be the largest…
Jason@3PeaksTrading
2 years ago
$AMZN very strong move through 190 level for the @optionhawk weekly call trade straight from the weekend report! 🚀
Mike Zaccardi, CFA, CMT 🍖@MikeZaccardi
2 years ago
BofA $AMZN Amazon Logistics Checkup: Cycle not done yet, still room for more efficiencies PO to $220 https://t.co/QwRSGa2Qhh

BofA Raises Amazon Price Target to $220 on Efficiency Improvements, Retail Margin Expansion

Sources

Additional media

Similar Stories