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MKM Partners Reiterates Buy as Amazon.com (AMZN) Promotes 2nd Annual Prime Day Shopping Event

July 6, 2016 10:44 AM EDT

MKM Partners reiterated a Buy rating and $850.00 price target on Amazon.com (NASDAQ: AMZN) ahead of the company's second annual Prime Day shopping event. Last year's event was coupled with complaints on breadth and inventory. However, this year AMZN is reporting that the event will have over... More