BMO Capital Cuts Amazon Price Target by 12 Percent
over 2 years in theepochtimes
BMO Capital analyst Daniel Salmon lowered the price target on Amazon.com Inc. to $3,600 from $4,100 but reiterated an Outperform rating on the shares. The price target implies an upside of 29 percent. The analyst is also reducing his FY22 EPS view to $42.99 from $65.04. The revision reflects his expectations of lower online stores and third-party seller revenues in […]
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