📰 Amazon (AMZN) Gains Analyst Buy Ratings with $247.10 Price Target Boost

📅 Jul 21, 2025, 05:21 EDT | 🔗 Source: MT Newswires

🧠 Summary

Amazon (AMZN) holds a consensus buy rating from analysts with an average price target of $247.10, indicating positive market expectations.

💡 Why this signal?

  • Netflix's robust Q2 earnings and raised revenue guidance reinforce its market dominance in streaming, which could pressure Amazon's Prime Video segment.
  • Amazon was mentioned only as a competitor without specific news affecting its fundamentals or outlook, leading to a neutral stance.
  • The competitive environment made clearer by Netflix’s strong performance may influence investors' caution toward Amazon's streaming business, but broader company factors remain unchanged.

📈 AMZN Price Trend

⏱️ Impact Timing
as soon as the news is out
👥 Competitor Impact
  • ➡️ NFLX: unknown
  • ➡️ DIS: buy
  • ➡️ PARA: buy
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