Deutsche Bank calls Amazon its top internet pick for the short term and long haul
Monday, 23/07/2018 11:15
Deutsche Bank is more optimistic on Amazon's prospects due to its expansion into new markets and countries.
The firm raises its price target to $2,200 from $1,800 for Amazon shares, representing 21 percent upside to Thursday’s close. It is tied with two other firms as the highest target out of the 42 analysts who cover Amazon, according to FactSet.