Amazon.com Price Target Hiked, Citi Cites ‘Strong’ Q4

By | January 2, 2014

Scalper1 News

Amazon.com (AMZN) nailed a strong Q4, boosted by online holiday shopping and demand for new Prime memberships, says Citigroup, which on Thursday raised its price target on the e-commerce leader’s stock. Analyst Mark May raised his target to 457 from 381. Amazon stock was down a fraction in morning trading in the stock market today, near 396. Amazon stock touched an all-time high of 405.63 on Friday. On Dec. 26, Amazon issued a press release that Scalper1 News

Scalper1 News