Wedbush analyst Michael Pachter reiterated a Buy rating on Amazon (AMZN – Research Report) today and set a price target of $3950.00. The company's shares closed last Wednesday at $2858.02, close to its 52-week low of $2707.04. According to TipRanks.com, Pachter is a 3-star analyst with an average return of 1.6% and a 48.7% success rate. Pachter covers the Technology sector, focusing on stocks such as Playtika Holding, Corsair Gaming, and Unity Software. Amazon has an analyst consensus of Strong Buy, with a price target consensus of $4150.83, implying a 43.4% upside from current levels.
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