Goldman Sachs Sticks to Buy Rating on Amazon, Target Price Remains at $375
Goldman Sachs analyst Eric Sheridan has maintained his buy rating for Amazon (AMZN.US) and stuck to his target price of $375.
According to TipRanks data, Sheridan's success rate over the past year is 53.6%, with an average return of 8.1%.
This means that if investors followed his recommendations, they would have seen a positive return from Amazon stock in more than half of the time, on average earning around 8% per year.