Roth MKM Keeps Their Buy Rating on Amazon (AMZN)
Roth MKM analyst Rohit Kulkarni maintains a Buy rating on Amazon with a $270 price target. Kulkarni, known for his 20.2% average return and 58.31% success rate, covers stocks like Pinterest and Meta. J.P. Morgan's Doug Anmuth also rated Amazon as Buy, despite a recent downgrade to Hold. TipRanks offers a Cyber Monday sale on its Premium service for investment insights.
Roth MKM analyst Rohit Kulkarni maintained a Buy rating on Amazon today and set a price target of $270.00.
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Kulkarni covers the Communication Services sector, focusing on stocks such as Pinterest, Meta Platforms, and Alphabet Class A. According to TipRanks, Kulkarni has an average return of 20.2% and a 58.31% success rate on recommended stocks.
In addition to Roth MKM, Amazon also received a Buy from J.P. Morgan’s Doug Anmuth in a report issued yesterday. However, on November 18, J.P. Morgan downgraded Amazon (NASDAQ: AMZN) to a Hold.
