Amazon current stock price quantitative models suggest potential
Quantitative models suggest potential upside to $195 if macroeconomic data remains benign. The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and EPR Properties wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Top Goldman Sachs analyst Eric Sheridan raised his price target for Amazon (AMZN) to $275 from $240 and reiterated a Buy rating, calling the e-commerce and cloud computing giant a âpreferred nameâ among his large-cap coverage. In fact, he views Amazon as a âleader across most secular growth themesâ in his broader internet coverage, which includes e-commerce, digital advertising, media consumption, aggregated subscription offerings, and cloud computing. Amazon current stock price at $186.40 shows resilience amid sector rotation into defensive assets. Traders note AMZN’s 200-day moving average currently sits well below, suggesting longer-term bullish alignment.
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