Amazon (AMZN) Cannot Suppress Growth Any Longer, PT To $2050 At Nomura

Nomura/Instinet analyst, Simeon Siegel, reiterated his Buy rating on shares of Amazon.com (NASDAQ: AMZN) and raised his price target to $2,050 from $1,990 on the belief that margins will mathematically expand given 1) beneficial GM mix shifts as AMZN becomes more mall than retailer 2) coupled with AMZN reaching a size that makes it too difficult to find enough investments to suppress margins.

The analyst stated "we have seen a validation of our belief that as AMZN grew its fixed costs (as the rest of
retail shifts to variable), its size/scale would impede its ability to suppress margins which would drive bottom-line growth".

For an analyst ratings summary and ratings history on Amazon.com click here. For more ratings news on Amazon.com click here.

Shares of Amazon.com closed at $1710.00 yesterday.

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