In a report published Wednesday, Axiom reiterated a ‘Buy’ rating on Amazon.com, Inc (AMZN), while raising the name’s PT by 40 points to $500. The firm believes Amazon Web Services’ scale, growth rates, and high margin profile make it an attractive asset that should provide sum-of-the-parts valuation support for share price. Firm now values AWS […]
View the full post at: Notable Upgrades: Amazon.com (AMZN), Ford Motor (F), Take-Two Interactive Software (TTWO), Parexel (PRXL), Baxter (BAX)