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Canaccord Genuity Raises Price target Following Amazon.com's (AMZN) 3Q Results

October 23, 2015 10:04 AM EDT

Canaccord Genuity reiterated a Hold rating on Amazon.com (NASDAQ: AMZN), and raised the price target to $600.00 (from $525.00), following the company's 3Q results.

Analyst Michael Graham commented, "Amazon's Q3 results exceeded expectations soundly. We think it was particularly impressive that every revenue growth... More