Amazon Target Price Raises to $325 Amid Analyst's Buy Recommendation
Roth MKM analyst Rohit Kulkarni has reaffirmed Amazon's (AMZN.US) buy rating, adjusting the target price from $300 to $325.
The analyst's success rate stands at 55.5% and a total average return of 15.1% over the past year, according to TipRanks data.
Kulkarni's prediction suggests a potential increase in Amazon's value by 8.3%, which is tied to his revised target price.