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AMZN
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197 days

What Analysts Think of Amazon Stock Ahead of Earnings

1. Amazon's Q4 results are due Thursday, with analysts showing bullish sentiments. 2. All 27 analysts provide 'buy' ratings, with a price target of $259. 3. Jefferies targets $275 for AMZN, citing growth in AI and AWS. 4. Projected revenue for Q4 is $187.44 billion, a 10% YOY increase. 5. AMZN shares have risen nearly 40% over the past year.

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FAQ

Why Bullish?

Analysts' strong bullish ratings and price targets indicate positive market sentiment for AMZN, similar to previous instances like the robust post-earnings rallies in 2020.

How important is it?

The upcoming earnings and analyst ratings significantly influence investor confidence and stock valuation.

Why Short Term?

Q4 earnings are imminent, and analyst projections typically affect stock prices quickly in the short-term.

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