| 2016-10-19 08:38:15|
AMZN 08:38 10/19 10/19/16
Amazon.com price target raised to $905 from $847 at Pacific Crest
Pacific Crest analyst Edward Yruma raised his estimates for Amazon's cloud business, citing "strong underlying fundamentals" for the unit. The analyst thinks that the unit could grow 53% or more this quarter and 42% in 2017. The analyst keeps an Outperform rating on the stock.