Amazon.com Price Target Upped to $385 by UBS – ValueWalk Premium
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Amazon.com Price Target Upped to $385 by UBS

UBS AG (NYSE:UBS) has upgraded Amazon.com, Inc. (NASDAQ:AMZN) to a Buy from Neutral in a report the bank released today. The company says that Amazon is well positioned in several different markets that are likely to grow, and the company could deliver a 20% compound annual growth rate over the medium term.

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