Amazon: Jefferies maintains buy rating
(CercleFinance.com) - On Friday a Jefferies analyst confirmed a "Buy" rating on the Amazon share, along with a target price of 3,100 dollars.
It "sees Amazon as the best e-commerce marketplace to build a brand: Amazon has ~40% share of e-commerce in the U.S., giving sellers unparalleled access to consumers with high purchase intent," the broker says.
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