Why 1 Wall Street Analyst Thinks Amazon Stock Will Soar 30% Over the Next 12 Months
He's not the only fan of Amazon on Wall Street. Of the 47 analysts surveyed by LSEG in October, 43 rate the stock as a "buy" or "strong buy." The average 12-month price target for Amazon is around $219. Although that's lower than Mahaney's price target, it's still 19% above Amazon's current share price.