Amazon.com initiated at SunTrust As noted earlier, SunTrust started coverage of Amazon with a $1,220 price target and a Buy rating. Analyst Youssef Squali says that the company's fundamentals are "compelling," while it has several "sustainable competitive advantages," including its "maniacal focus on the customer and its leveraging of technology innovation." The analyst says that the company is "disrupting the $10T retail industry.
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