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jimmybob

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jimmybob

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Wednesday, 06/11/2014 6:13:17 AM

Wednesday, June 11, 2014 6:13:17 AM

Post# of 365639
Amazon.com upgraded to Conviction Buy from Buy at Goldman
Goldman Sachs upgraded Amazon.com to Conviction Buy from Buy citing the recent pullback in shares and the company's high return on invested capital. Goldman expects Amazon to increase competitive lead through fulfillment and infrastructure investments. It lowered its price target for shares to $400 from $430. Shares of Amazon closed yesterday up $4.91 to $332.41

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