Wells Fargo Raises Amazon Price Target to $301, Maintains Overweight Rating

Wells Fargo maintains "Overweight" rating on Amazon, raises price target from $295.00 to $301.00, a 2.03% increase. Recent analyst opinions have shown mixed sentiment towards Amazon's future valuation, with some analysts expressing optimism while others have shown caution. The average one-year price target for Amazon is $291.28, with a high estimate of $360.00 and a low estimate of $227.10. The average target implies an upside of 17.51% from the current price of $247.87.