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Amazon Dropped Last Month: A Wall Street Pro Says It's Going to Provide 60% Returns
Source: 247wallst.com
Analyst InsightsTechnology & InnovationInvestor Sentiment & Positioning
Amazon shares have fallen sharply despite AWS posting its fastest growth in 18 quarters. A Wall Street analyst has set a price target materially above the consensus target, arguing that the selloff has created a more favorable risk-reward setup; the article does not disclose the specific target or magnitude of the stock decline.
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