Amazon (AMZN) call put ratio 1.9 calls to 1 put as shares rally 5.7%

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Amazon (AMZN) Upside Supported by SOTP analysis - Jefferies

October 4, 2022 4:14 PM EDT

Amazon's (NASDAQ: AMZN) upside is supported by SOTP analysis, according to Jefferies equity analyst Brent Thill.

Thill, who has a Buy rating and $165 price target on Amazon shares, told investors in a research note that the firm's updated SOTP "values AMZN's non-retail businesses at $1.3T (vs EV of $1.2T),... More