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Amazon.com (AMZN), which reports Q1 earnings after the close Thursday, got a price target hike Monday as an analyst sees its AWS cloud business at a tipping point. Michael Pachter, an analyst at Wedbush, raised his price target on Amazon stock to 395 from 330, but he maintained a neutral rating. Amazon stock was up more than 2.5%, near 386, in afternoon trading in the stock market today. Amazon stock is up more than 20% since the company reported Scalper1 News
Scalper1 News