Amazon.com (AMZN) Launches a Jeep Micro Site Taking Online Auto Sales to the Next Level - KeyBanc

KeyBanc analyst Edward Yruma reiterated an Overweight rating and $4,000.00 price target on Amazon.com (NASDAQ: AMZN) after Jeep expanded its Amazon showroom for licensed to a micro site that enables consumers to browse the Jeep product offering and select trim and option packages.

The analyst stated "While franchise laws provide some structural barrier to online new auto retail, we believe that it is just a matter of time before new
auto retail moves online in a material way."

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 $3478.05 yesterday.

You May Also Be Interested In

• 3 internet stocks to own for Q1 earnings season
• Amazon is a more profitable company; Citi lifts price target
• Meta Platforms Inc. (META) PT Lowered to $540 at Jefferies, 'Buy the Zuck Shopping Cart Dip'