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Amazon Prime Day 2020 Marked the Two Biggest Days Ever for Small & Medium Businesses in Amazon’s Stores Worldwide

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Piper Sandler Reiterates Overweight Rating on Amazon.com (AMZN) Following Pride Day Recap

October 19, 2020 7:39 AM EDT

Piper Sandler analyst Tom Champion reiterated an Overweight rating and $3,860.00 price target on Amazon.com (NASDAQ: AMZN) following a recap of the company's Pride Day. Champion estimates last week's two-day event reached $10.6BN in sales, up ~49% y/y. He estimates units sold... More