Amazon.com (AMZN) Likely to Optimize as Growth Normalizes - KeyBanc

KeyBanc analyst Edward Yruma reiterated an Overweight rating and $4,000.00 price target on Amazon.com (NASDAQ: AMZN) on the belief that “normalized” growth will allow AMZN to better focus on becoming more efficient and innovative.

The analyst stated "the focus on running “flat out” during COVID likely disrupted the normal cadence of improvement within AMZN. Disclosures better underscore the momentum within this highly profitable business. We remain somewhat tentative on the state of the U.S. consumer and adjust our sales estimates accordingly."

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 $2776.91 yesterday.

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