Amazon.com, Inc. (NASDAQ:AMZN) Given Average Recommendation of "Moderate Buy" by Brokerages

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Fifty-eight brokerages have given Amazon (NASDAQ:AMZN) a “Moderate Buy” consensus recommendation, with 53 designating a “buy” rating, four a “hold,” and one a “strong buy.” The average 12-month price target is $286.59. Recent news includes discussions for Amazon to acquire Globalstar, a slight price target increase from Wells Fargo, and ongoing emphasis on AWS as a long-term driver, alongside potential negative impacts from a 3.5% fulfillment surcharge, a union negotiation ruling, and reports of an AWS data center hit in Bahrain.

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