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The stated conviction-buy view and large gap to the target are bullish, though analyst targets are opinions and do not guarantee returns.
What happened, with direct paths to the underlying reporting
Goldman Sachs cited a compelling risk/reward outlook for Amazon and set a $370 target versus the posted price of $243.79, implying substantial potential upside.
Target: $370
Posted price: $243.79
Analyst firm: Goldman Sachs
Analyst: Eric Sheridan
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