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Amazon.com (AMZN) PT Raised to $1,100 at Oppenheimer; Reiterates Outperform

May 15, 2017 10:21 AM EDT

Oppenheimer raised its price target on Amazon.com (NASDAQ: AMZN) to $1,100.00 (from $970.00) while maintaining a Outperform rating. Analyst Jason Helfstein still believes that Amazon is a "must own" within large-cap given a number of greenfield opportunities, and the leading position in global eCommerce. However,... More