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Added to YB: 2024-10-14

Pitch date: 2024-10-11

AMZN [bullish]

Amazon.com, Inc.

+19.19%

current return

Author Info

No bio for this author

Company Info

Amazon.com, Inc. engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally.

Market Cap

$2.5T

Pitch Price

$189.78

Price Target

260.00 (+15%)

Dividend

N/A

EV/EBITDA

16.24

P/E

32.54

EV/Sales

3.66

Sector

Broadline Retail

Category

growth

Show full summary:
Pivotal Research Initiates Buy on Amazon with $260 Price Target

AMZN: Pivotal initiates Buy, $260 PT. AWS rev to grow from 17% to 35% of total in 5yrs. E-commerce expansion, ad biz growth (3rd globally) key drivers. High potential for margin improvement via scaling, AI/robotics, shift to high-margin cloud/ad revenue.

Read full article (1 min)