Stifel Nicolaus Upgrades Amazon.com (AMZN) to Buy, $280 Price Target

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Stifel Nicolaus' Jordan Rohan upgraded shares of Amazon.com (NASDAQ: AMZN) from Hold to Buy Monday morning. The firm set a $280 price target.

With Amazon.com shares up 0.36 percent to $217 in pre-market action, Rohan's new price target represents potential upside of about 29 percent.

For more ratings news on Amazon.com click here and for the rating history of Amazon.com click here.

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