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Piper Jaffray Reiterates Overweight on Amazon (AMZN) Following 4Q Search Index

January 17, 2019 6:49 AM EST

Piper Jaffray analyst, Michael Olson, reiterated an Overweight rating and $2050.00 price target on Amazon.com (NASDAQ: AMZN) following a 4Q search index. The index points to December quarter FXN "online retail" revenue decelerating 290bps q/q to 13.6% y/y growth, essentially in-line with estimates... More