Amazon Gets Buy Rating Boost from Analysts, Price Target Set at $325

Roth MKM analyst Rohit Kulkarni maintained his Buy rating on Amazon (AMZN) and set a price target of $325.00.

Kulkarni's analysis is part of his coverage of the Communication Services sector, which also includes stocks such as Alphabet Class A, Snap, and Meta Platforms.

He has an impressive track record, with an average return of 15.1% and a 55.46% success rate on recommended stocks.

In addition to Roth MKM's positive call, Amazon received a Buy rating from Barclays's Ross Sandler in a report issued on July 31.

However, not all analysts are as optimistic - D.A. Davidson maintained a Hold rating on Amazon (NASDAQ: AMZN) on the same day.