2022 has not been kind to Amazon (AMZN) - Get Amazon.com Inc. Report shareholders. However, Wall Street analysts are almost unanimous in the idea that the e-commerce giant will emerge stronger from the current economic crisis.
Rosenblatt Securities’ Barton Crockett is the exception to the rule. The analyst recommended investors “hold” their shares in April, at a price of $3,000 — equivalent to $150 after the split. And although the analyst has maintained his neutral rating, he recently lowered his valuation to $107.