2020-04-24 04:51:15 AMZN Amazon.com
04/24/20 04/2404:51 04/24/2004:51 | Amazon.com price target raised to $2,600 from $2,400 at StifelStifel analyst Scott Devitt raised the firm's price target on Amazon.com to $2,600 from $2,400 and keeps a Buy rating on the shares ahead of the company's Q1 results on April 30. Amazon has been one of the best positioned companies in the Internet group upon the onset of COVID-19 given the surge in orders of household essentials and grocery, severe dislocation in traditional retail,growing cloud usage associated with remote work/education, and increased video viewership, Devitt tells investors in a research note. |
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