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MKM Partners Reiterates Buy on Amazon.com (AMZN) After Updating Estimates

February 8, 2016 10:51 AM EST

MKM Partners reiterated a Buy rating and $800.00 price target on Amazon.com (NASDAQ: AMZN) after updating estimates to reflect a lower operating margin outlook in Q1 guidance.

Analyst Rob Sanderson commented, "We are updating our estimates to reflect a lower operating... More