On Friday, Deutsche Bank analysts led by Lloyd Walmsley raised their price target on shares of Amazon from $3,333 to $4,000, just one day after the e-commerce giant reported a blowout second quarter, which would the value it at $2 trillion. The firm said “it’s tough to see anything this quarter that was not positive”, although it did cite key risks to its call including higher competition and regulation. The Final Round panel discusses the bullish call.
#Amazon #Amazonstock #Amazonearnings
This segment originally aired on July 31, 2020
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