Barclays Picks Amazon (AMZN) as Top Mega-Cap Stock in 2024
Barclays, a multinational investment bank and financial services company, announced that tech giant Amazon is their preferred mega-cap stock for the year 2024. With an Overweight rating and a $190 price target on the stock, analysts at Barclays have expressed their confidence in the company’s performance. This decision comes as the investment bank predicts a positive outlook for Amazon in the coming years.
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