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MKM Partners Reiterates Buy on Amazon.com (AMZN) Ahead of 2Q; Says Expectations are 'Conservative'

July 8, 2016 11:02 AM EDT

MKM Partners reiterated a Buy rating and $850.00 price target on Amazon.com (NASDAQ: AMZN) ahead of the company's 2Q earnings report. MKM views the consensus expectations for the quarter as conservative, and sees the setup heading into the earnings as positive. The stock has been... More