Pivotal Research Sticks with Amazon Buy Rating Amid Target Price of $333
Pivotal Research analyst Jeffrey Wlodarczak has reaffirmed Amazon's (AMZN.US) buy rating, maintaining a target price of $333. According to data from TipRanks, Wlodarczak has a success rate of 50.6% and an average return of 3.0% over the past year.
The analyst's success is measured by the performance of TipRanks' virtual portfolio, which earns a positive return on Amazon based on his ratings. The total average return represents the average rate of return earned by the virtual portfolio from Amazon stock.
TipRanks rates analysts based on their past performance, with more stars indicating better results. Wlodarczak's 50.6% success rate and 3.0% average return put him in a middle tier, with no explicit star rating mentioned in the source.