Alex Belov
Developers by oneinveststock.com. Analyst, investor
Amazon after the split. Is now a good time to buy stocks? New forecasts for 2023
Amazon (AMZN) is the leader in the US e-commerce market. Amazon stock are actually up 1.5%. The quote is $124.7. There was a 20-to-1 split in stocks. In spring, demand for a number of seasonal goods increases. Preparations for the summer season begin. AMZN stock hit the $129 horizontal resistance. Around here are the 200-week and 50-day moving averages. Split can support stock quotes. If it breaks out, the target will move to $140-145.
Most analysts recommend buying Amazon stock right now. On June 6, 2022, analysts at Morgan Stanley and MKM Partners updated their forecasts for Amazon.com (AMZN) stock for 2023. Upside potential for the stock over the next 12 months is around 40%.
Stock Amazon (AMZN) New forecasts for 2023
Morgan Stanley analysts set Amazon (AMZN) stocks to “Overweight” rating. Possible upside potential is 40.22% in the next 12 months. The forecast was updated on June 6, 2022. The target price is set at $175.
FORECAST DATE: 06/06/2022
Analyst "Morgan Stanley"
4.5/5
Consensus Rating = Overweight
Target price in the next 12 months = $175
Percent upside potential for stocks
40.22%
Analysts at MKM Partners updated their forecasts for Amazon (AMZN) stock on June 6, 2022.Analysts recommend buying Amazon (AMZN) stock. The target price is set at $180 for the next 12 months.
FORECAST DATE: 06/06/2022
Analyst "MKM Partners"
4.5/5
Consensus Rating = Buy
Target price in the next 12 months = $180
Percent upside potential for stocks
44.22%
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