Evercore Maintains Buy Rating on Amazon, Raises Target to $355

Evercore analyst Mark Mahaney has maintained Amazon (AMZN.US) with a buy rating, increasing his target price from $315 to $355. This move comes as a result of Mahaney's analysis and prediction for the tech giant's future performance.

According to TipRanks data, Mahaney has a success rate of 59.3% over the past year, with an average return of 15.1%. The analyst's track record is represented by a 5-star rating, indicating his consistent and accurate predictions.