War Has Surprising Benefits Among Amazon Competitors Walmart and Target

There are points where a “war” can be good for business. The current “war” between Amazon, Walmart and Target, for instance, has created a new set of “digital weaponry,” as a battle for market share has begun like no other, this all ahead of the biggest  battle of the year. But the winner, at least initially, is the consumer, says a Cowen report. Amazon P/E multiple gives it currency to cut prices in war with Walmart, Target “War spurs innovation,” Cowen’s Oliver Chen points out in a November 21 research piece. And this innovation could be turning around the competition in…