Roth Capital Raises Amazon Price Target to $295 Ahead of Q4 Earnings

Roth Capital analyst Rohit Kulkarni raised the firm's price target on Amazon.com (AMZN), maintaining a Buy rating, following a similar Buy endorsement from CNBC host Jim Cramer.

• The new price target was set at $295, an increase from the previous $270.
• The upgrade was issued ahead of the company's upcoming Q4 earnings release.
• Despite the positive analyst coverage, shares saw minimal movement, currently trading at $239.19 (+0.01%).