Amazon Stocks to rally another 15% as it captures the ‘next wave’ of Internet retail: Credit Suisse
Amazon’s burgeoning cloud computing platform and fundamental retail company should lead to a “stable and iterative” year to the firm, according to Credit Suisse.
The investment bank raised its 12-month price target on Amazon to $1,800 from $1,750 on Friday, arguing that it should see meaningful revenue growth as a result of its budding media content as well as from center segments like Amazon Web Services and retail.
The post Amazon Stocks to rally another 15% as it captures the ‘next wave’ of Internet retail: Credit Suisse appeared first on Retailnewsfeed.com.
#amazonAmazon Stocks to rally another 15% as it captures the ‘next wave’ of Internet retail: Credit Suisse posted first on http://retailnewsfeed.com/
Comments
Post a Comment