Amazon to Acquire PillPack

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Go back to Amazon to Acquire PillPack

Guggenheim Remains Bullish on Amazon (AMZN) Following PillPack Acquisition

July 2, 2018 7:37 AM EDT

Guggenheim reiterated a Buy rating and $1850.00 price target on Amazon.com (NASDAQ: AMZN) following the company's recent acquisition of PillPack. This drove a 5-10% correction in drug retail shares on the assumption that this would place incremental pressure on pricing and profitability.

Analyst John... More