Stocks expected to have increasing option volume: AAPL AMZN XOM SBUX

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Amazon.com (AMZN) PT Lowered to $4,000 at Jefferies

October 29, 2021 7:41 AM EDT

Jefferies analyst Brent Thill lowered the price target on Amazon.com (NASDAQ: AMZN) to $4,000.00 (from $4,200.00) while maintaining a Buy rating.

The analyst commented, "Higher labor costs and supply chain disruptions are causing a surge in costs, headwinds that are likely to hold... More