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Mizuho Securities Remains a Buy on Amazon (AMZN)

Tipranks - Tipranks - Fri Mar 6, 8:06AM CST

Mizuho Securities analyst Lloyd Walmsley maintained a Buy rating on Amazon today and set a price target of $216.82.

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According to TipRanks, Walmsley is a 5-star analyst with an average return of 24.7% and a 60.00% success rate. Walmsley covers the Communication Services sector, focusing on stocks such as Alphabet Class A, Meta Platforms, and Zillow Group Class A.

In addition to Mizuho Securities, Amazon also received a Buy from Bank of America Securities’s Justin Post in a report issued yesterday. However, on February 28, TipRanks – Anthropic reiterated a Hold rating on Amazon (NASDAQ: AMZN).

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Based on Amazon’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $213.39 billion and a net profit of $21.19 billion. In comparison, last year the company earned a revenue of $187.79 billion and had a net profit of $20 billion

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