Oppenheimer Reiterates Outperform on Amazon, Raises PT to $250

Oppenheimer reiterated its Outperform rating on Amazon AMZN. At the same time, the rating agency raised its price target on the company's stock from $220 to $250. On Tuesday, AMZN added 0.32% to its value to end the day at $214.18. Its shares continued to climb in today's pre-market trading, rising 6.39% to stand around $227.87.
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Posted In: Price TargetReiterationAnalyst RatingsConsumer DiscretionaryInternet RetailOppenheimer
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