Refer to Table $3-1.$

Take a look at the financial data for Amazon.

Specifically, compare the current price of Amazon to its $1$ year estimated

target price and the recommendation index.

Based on this, which one of the following statements is the most accurate?

It appears that Amazon is properly priced as its target price is greater than the current price and the recommendation

index is a strong buy.

It appears that Amazon is overvalued as its target price is greater than the current price and the recommendation index is

a strong buy.

It appears that Amazon is undervalued as its target price is lower than the current price and the recommendation index is

neutral.

It appears that Amazon is undervalued as its target price is greater than the current price and the recommendation index

is a strong buy.