Notable Upgrades: Amazon.com (AMZN), Maxim Integrated Products (MXIM), Yahoo (YHOO), AutoZone (AZO), Vera Bradley (VRA)
December 09, 2015 at 13:35 PM EST
Amazon.com, Inc. (AMZN) was reiterated a ‘Buy’ by Nomura analysts on Wednesday. The broker also raised its price target on the stock to $850 from $700. Amazon.com Inc. shares are currently priced at 945.34x this year’s forecasted earnings, which makes them expensive compared to the industry’s 18.63x earnings multiple. Ticker has a forward P/E of […] View the full post at: Notable Upgrades: Amazon.com (AMZN), Maxim Integrated Products (MXIM), Yahoo (YHOO), AutoZone (AZO), Vera Bradley (VRA) Related posts: Maxim Integrated Acquires Digital Video Leader Amazon’s (AMZN) Cloud: A SaaS Solution Apple’s (AAPL) Short Interest Nosedives