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The Ratings Game: Amazon stock plunging after earnings, but analysts predict 27% gain

2016-01-30 16:17:53| Apparel - Topix.net

Shares of Amazon.com Inc. are spiraling toward their worst single-session percentage drop in 18 months after an earnings miss , but analysts remain adamantly bullish on the company and the returns it will drive for investors, with some brokerages even raising their price targets on the stock Friday. stock to $825 from $800 with an overweight rating.

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