Apple, Facebook propel Wall Street to three-week peak

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Amazon.com (AMZN) PT Raised to $2,100 at BofA/Merrill Lynch

January 9, 2019 6:49 AM EST

BofA/Merrill Lynch analyst Justin Post raised the price target on Amazon.com (NASDAQ: AMZN) to $2,100.00 (from $2,000.00) while maintaining a Buy rating. Proprietary survey data suggests customer lock in is growing, and Post views share growth, pricing power, and margin leverage from mix shift... More