First Bancorp Inc ME Purchases Shares of 10,316 Amazon.com, Inc. $AMZN
MarketBeat
First Bancorp Inc. ME has acquired 10,316 shares of Amazon.com, Inc., valued at approximately $2.46 million, making it 1.0% of the fund's portfolio. Despite significant institutional ownership and growth prospects from AWS, AI, and advertising, Amazon faces risks from rising costs and macroeconomic pressures. Analysts currently rate Amazon with a "Moderate Buy" consensus and an average price target of $321.19.
Read the full story
This is a short summary. The complete article is published by MarketBeat.
Headline and summary aggregated from public news feeds. For information only — not financial advice.