Amazon.Com, Inc. (NASDAQ:AMZN) stock is trending on Monday. The company is set to report 2024 fiscal year second quarter earnings on Thursday after the market closes.
What To Know: Analysts estimate an EPS of $1.03 and revenue of $148.56 billion.
Analyst Coverage: In addition, at the end of last week, multiple analysts issued price target adjustments.
- On July 25, BMO Capital analyst Brian Pitz maintained Amazon.com with a Outperform and raised the price target from $220 to $230.
- On July 26, Wedbush analyst Scott Devitt reiterated Amazon.com with a Outperform and maintained the $225 price target.
The stock is trading slightly below its 50-day moving average of $187.14, currently at $183.18. It is positioned towards the upper end of its 52-week range, which spans from $118.35 to $201.2.
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AMZN Price Action: Amazon shares are trading 0.20% higher at $182.87 per data from Benzinga Pro.
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