Amazon price target gets lift by Wolfe Research. Here's why.
In This Article:
Amazon (AMZN) received a price target boost to $270 per share from $250 by Wolfe Research. The analyst team maintained its Outperform rating on the e-commerce giant's stock.
Josh Lipton and Josh Schafer dissect Wolfe Research's analyst note, which points to revenue upside in its AWS (Amazon Web Services) segment and retail margins.
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This post was written by Luke Carberry Mogan.
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