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Cowen Reiterates Outperform Rating & $1,125 PT on Amazon.com (AMZN): 'Strong 2Q17 Topline and Healthy Demand Running Parallel with Rising Investments'

July 28, 2017 7:21 AM EDT

Cowen reiterates Outperform rating and $1,125 price target on Amazon.com (NASDAQ: AMZN), following the company's second quarter earnings report.

Analyst John Blackledge notes the company delivered second quarter earnings per share results below consensus projections, while revenue came in above estimates, topping high-end... More