Alibaba deepens India push with BigBasket investment

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Amazon.com (AMZN) PT Raised to $1,700 at Nomura/Instinet on 4Q Beat; 'Showcases Sales Strength... Margin Analysis Signals Future Profitability'

February 5, 2018 5:54 AM EST

Nomura/Instinet raised its price target on Amazon.com (NASDAQ: AMZN) to $1,700.00 (from $1,360.00) while maintaining a Buy rating, following the company's fourth quarter earnings report.

Analyst Simeon Siegel notes a positive outlook on the shares, as the company reported fourth quarter earnings per share... More