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RBC Capital Reiterates Outperform Rating & $1100 PT on Amazon.com (AMZN) Following Whole Food (WFM) Acquisition; 'Reasonable Shipping-to-Home Logistics Opportunities Here'

June 16, 2017 10:55 AM EDT

RBC Capital reiterates Outperform rating and $1,100 price target on Amazon.com (NASDAQ: AMZN), as the company announced this morning it was acquiring Whole Foods Market (NASDAQ: WFM) for $42 per share in an all cash transaction, valuing... More