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RBC Capital analyst Brad Erickson reiterated an Outperform rating and $175.00 price target on Amazon.com (NASDAQ: AMZN).
The analyst comments "AMZN reported Q3 revenue in-line with the Street ($127.1B vs. Street at $127.4BE) and EPS above (+$0.28 vs. Street at +$0.22E) but... More
Amazon (NASDAQ: AMZN) announced on Tuesday that it will begin offering PayPal's (NASDAQ: PYPL) Venmo as a new payment option for orders on Amazon.com and the Amazon mobile app.
The tech giant said Venmo will begin to roll out to select customers today and will be available to U.S. customers by Black Friday.
"We want to offer customers payment options that are convenient, easy... More

