AWS Approves And Lists Verofax Martech Solution For Brands & Retail On Global Marketplace

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Wall Street analyst believes this major tech stock is 'on the cusp of a margin renaissance'

August 24, 2023 2:19 PM EDT

According to Piper Sandler, there is one major tech player that is "on the cusp of a margin renaissance."

Piper Sandler analyst Thomas Champion made the comment in a note to clients on Thursday, also raising the firm's price target on the stock.

Champion lifted the price target for Overweight-rated Amazon (NASDAQ: AMZN) to $185 from $175, telling investors that after a second look at... More