Glonghui, Feb. 4 | UBS released a research report. As adverse factors dissipate, Amazon's stock price is expected to rise in 2024, maintain Amazon's “buy” rating, and raise the 12-month target price from $180 to $198. UBS said that despite Amazon's improved service levels, the “cost of service” in 2023 fell for the first time since 2018. “Unresolved issues” such as e-commerce deceleration in 2021, profit compression in 2022, and AWS deceleration in 2023 will largely subside this year.
大行评级｜瑞银：上调亚马逊目标价至198美元 维持“买入”评级
Major Bank Ratings | UBS: Raising Amazon's Target Price to $198 to Maintain “Buy” Rating
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