Calling Amazon (NASDAQ: AMZN) a COVID-19 winner, RBC Capital Markets on Monday hiked its price target on the e-commerce giant from $2,700 to $3,300. The move puts RBC analyst Mark Mahaney on the top of the list of Amazon bulls. RBC said in a research report, which was covered by the media, that a U.S. e-commerce survey supports its view that Amazon is a "structural winner" from the pandemic. Read More...
RBC Raises Its Amazon Price Target to $3,300, Says It’s a COVID-19 Winner
Calling Amazon (NASDAQ: AMZN) a COVID-19 winner, RBC Capital Markets on Monday hiked its price target on the e-commerce giant from $2,700 to $3,300. The move puts RBC analyst Mark Mahaney on the top of the list of Amazon bulls. RBC said in a research report, which was covered by the media, that a U.S. e-commerce survey supports its view that Amazon is a “structural winner” from the pandemic.
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