Stock Rating of Amazon.com, Inc. reaffirmed by UBS AG

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UBS AG has reissued the buy rating on the Amazon.com, Inc. shares, in a research report, that has been released on 17th July in 99wallstreet.com reports. Amazon.com as of now has an objective of $1200.00 on the stock, an increase from the prior objective which is $1,100.00. Various research analysts weighed in Amazon Partners and helped them in reissuing the buy rating. Raymond James Financial, Inc has also reissued a rating based on the market platform, setting an objective price $925.00. On the other hand, Vetr has lowered a strong buy rating, setting a price objective of $1,105.24, for the company, altogether.

Amazon.com Ratings Chart

Amazon.com as of now has a rating of ‘Buy’, with a consensus target of $1058.27. Several investors have sold and bought the shares of Amazon.com, Advisory Research.Inc, purchasing the stakes in the shares, during the last quarter which totaled to be $633,000. Exchange Capital Management Inc. has boosted the shares by an increase of 3.2% of Amazon.com in this very quarter and as a result, it now owns 10,257 shares of the stock after additionally buying 319 shares. Monetary Management Group Inc has boosted the shares by 32.5% in Amazon.com, in the last quarter, now owning around 5,286 shares of the stocks, after additionally buying 1,296 shares in the fourth quarter.