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StoneX maintains Amazon.com at Buy, lowers price target to $380 from $400

StoneX kept its Buy rating on Amazon.com but lowered its price target to $380 from $400, a 5.0% decrease. The new target implies 55.9% upside from the October 29 close of $243.79.

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What happened

StoneX kept its Buy rating on Amazon.com but lowered its price target to $380 from $400, a 5.0% decrease. The new target implies 55.9% upside from the October 29 close of $243.79.

Confirmed

Global impact / market context

A lower price target still signals expected gains, but the cut shows the analyst trimmed expectations for Amazon's future value. Investors who follow analyst targets may adjust how much they are willing to pay for the stock.

Analyst inference

Other recent analyst notes on Amazon carry price targets from $275 to $345, below StoneX's $380. That gap suggests StoneX is more optimistic than peers, while the cut hints at some caution across coverage.

Analyst inference

What to watch

  1. StoneX lowered its Amazon price target to $380 from $400 while keeping a Buy rating, which means it still expects the stock to rise from recent levels. Confirmed
  2. Watch whether other analysts follow with target cuts; several recent targets already sit between $275 and $345, so further reductions could reshape investor expectations for Amazon. Analyst inference
  3. Track upcoming Amazon disclosures on revenue, costs, and capital spending, meaning money spent on long-term assets, to see whether profit expectations support targets like $380. Proposed

Evidence

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