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Amazon's $18.776 Billion Trading Volume Lands Fourth in Market Activity
Generated by AI AgentAinvest Market Brief
Monday, Apr 7, 2025 7:49 pm ET1min read
On April 7, 2025, Amazon's trading volume reached $18.776 billion, ranking fourth in the day's stock market activity. Amazon's stock price increased by 2.49%.
TD
analyst John Blackledge adjusted his price target for , lowering it to $240 from $265 ahead of the Q1 earnings report. This adjustment was made due to macroeconomic concerns and weak consumer sentiment.Analysts have varying price targets for Amazon, with the highest forecast at $306.00 and the lowest at $203.00. The average price target suggests a 56.75% increase from the current price.
Ahead of the Q1 earnings report, a top analyst noted that Amazon's valuation is appealing at current levels, indicating potential for growth despite recent market volatility.
Ainvest Market Brief
Market Watch column provides a thorough analysis of stock market fluctuations and expert ratings.
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