AMZN: Pac Crest Ups to Buy on Mobile E-Commerce Dominance
Pacific Crest’s Chad Bartley today raised his rating on shares of (AMZN) to Outperform from Sector Perform, with a $346 price target, arguing that the company’s “lead is growing” in retail commerce and that “market-share gains should sustain rapid growth.” The stock today is down 55 cents at $269.86. Calling Amazon a “disruptive force [...]
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