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benzinga.com
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Top Wall Street Forecasters Revamp Amazon Price Expectations Ahead Of Q4 Earnings - Amazon.com (NASDAQ:AMZN)

1. AMZN expected to report earnings of $1.49 per share. 2. Projected revenue for Q4 is $187.31 billion, up from last year. 3. Analysts maintained positive ratings with increased price targets. 4. Recent share price drop of 2.4% to $236.17 noted. 5. AI upgrade for Alexa scheduled on Feb. 26 could attract interest.

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FAQ

Why Bullish?

The positive earnings projections and analyst upgrades indicate a favorable outlook. Historical trends show similar patterns resulting in price increases.

How important is it?

Earnings and analyst ratings directly impact investor sentiment and stock performance. Upcoming AI announcements also could play a significant role in future growth.

Why Short Term?

Earnings reports typically influence stock prices immediately after release. Previous similar earnings beats led to quick share price increases.

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