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jimmybob

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jimmybob

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Tuesday, 01/27/2015 7:22:03 AM

Tuesday, January 27, 2015 7:22:03 AM

Post# of 363581
JPMorgan 'warning up' to shares of Amazon.com
JPMorgan keeps a Neutral rating on Amazon.com ahead of the company's Q4 results but says it is "warming up" to the stock. The firm believes Prime subscriber growth has been strong worldwide and raised its price target for shares to $323 from $307. It adds, however, that Amazon's "heavy" investment spend is likely to continue while currency headwinds are strong

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