
Analysts Say Amazon’s Profit Strategy Could Boost Shares 25 Pct
Amazon’s recent moves in pushing groceries, closing pop-up stores and zeroing in on advertising could help the online retail giant grow profits, KeyBanc analysts said. CNBC reported that the analysts lifted Amazon’s price target and they also raised their allocation recommendations to overweight. The price target for Amazon is now $2,100, which implies a 25 […]