UPDATE: Goldman Sachs Assumes Coverage on Amazon.com with Buy Rating, $315 PT
Posted on January 09, 2013 at 12:17 PM EST
In a report published Wednesday, Goldman Sachs Group assumed coverage on Amazon.com (NASDAQ: AMZN ) with a Buy rating and $315.00 price target. Goldman Sachs noted, “We are assuming coverage of Amazon from Heather Bellini with a Buy rating and $315 12-month price target. We believe ecommerce growth, driven