Amazon launches low-cost grocery delivery subscription plan in US

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Stifel's Comments on Amazon.com (AMZN) Grocery Subscription Annoucement

April 23, 2024 12:54 PM EDT

Stifel analyst Mark Kelly reiterated a Buy rating and $224.00 price target on Amazon.com (NASDAQ: AMZN).

The analyst comments "Our First Take: (1) While investors were hopeful the deal between Whole Foods Canada and Instacart would translate into Amazon using Instacart elsewhere, this... More