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Posted by
Two Blokes Jul 17 -
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Stock
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Amazon.com Inc (NASDAQ:AMZN) has seen its price target boosted by Jefferies analysts ahead of its second quarter earnings report, with the firm pointing to resilient revenues, cost discipline, and stable consumer demand as key growth drivers. The analysts maintained a ‘Buy' rating on the eCommerce giant and upped their price target to $265 from $255, representing upside of 17% from current levels.