DBS Analyst Boosts Amazon Target Price to $332
DBS analyst Sachin Mittal has reaffirmed Amazon (AMZN.US) as a 'buy' rating, increasing his target price from $297 to $332.
This decision is based on Mittal's past performance data, which shows a success rate of 69.1% and an average return of 20.3% over the past year.
The analyst's track record has earned him a 4-star rating from TipRanks, indicating strong overall performance in his recommendations.