Citi Analyst Sticks to Amazon Buy Rating, Targets $350
Citi analyst Ronald Josey has maintained Amazon (AMZN.US) with a 'buy' rating and set a target price of $350. The analyst's success rate over the past year is 52.2%, with an average return of 4.8%. This means that in half of his ratings, TipRanks' virtual portfolio earned a positive return from Amazon stock.
TipRanks is an independent third-party service that analyzes financial analysts and calculates their success rates and average returns. The organization provides a ranking system for analysts, with up to 5 stars representing the best performance.