Amazon Stock: Analyst Sets Bullish Price Target Based On Ad Strength
Briefly

"We believe our higher-than-consensus estimates for Amazon's Advertising Services business are reasonable given its robust advertising tech stack, recent introduction of ad-supported Prime Video, ongoing investments in content, including live sports, and its industry-leading e-commerce and fulfillment platform..."
"Given AMZN's vertically integrated advertising and e-commerce platform, we believe consensus is underestimating its share gain potential, which, in turn, provides a strong foundation for our positive outlook on future growth..."
Read at Investor's Business Daily
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