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Axiom's Victor Anthony Hikes Amazon To $500

2015-06-24 21:10:20| IT Services - Topix.net

In a report published Wednesday, Axiom analyst Victor Anthony maintained a Buy rating on Amazon.com, Inc. , while raising the price target from $460 to $500. The company's high margin profile, growth rates and scale make the stock an attractive asset that is expected to offer SOTP support to the valuation.

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