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1 Stock-Split Stock Set to Soar 112% From Its 52-Week Low, According to Wall Street

Stock splits have been a hot topic this year. Amid the market downturn fueled by economic uncertainty, investors are desperate for good news, and forward stock splits have bullish implications. Building on that, Cowen & Co. analyst John Blackledge raised his price target on Amazon (NASDAQ: AMZN) to $215 in late July, roughly two months after the company completed a 20-for-1 stock split. Read More...

Stock splits have been a hot topic this year. Amid the market downturn fueled by economic uncertainty, investors are desperate for good news, and forward stock splits have bullish implications. Building on that, Cowen & Co. analyst John Blackledge raised his price target on Amazon (NASDAQ: AMZN) to $215 in late July, roughly two months after the company completed a 20-for-1 stock split.

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