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AMZN / Amazon.com retail margins could expand double digits: analysts

Amazon.com retail margins could expand double digits: analysts
UBS analysts think it's likely Amazon.com Inc (NASDAQ:AMZN) can expand its North American retail margins to double digits over time, calling the e-commerce giant their top idea in Internet while reiterating a ‘Buy' rating on the stock with a 12-month price target of $175 per share.  In an update to clients, they noted that margins will get a boost as the company unveils efficiency drives like regionalizing its fulfillment network, pulls levers to recoup cost inflation, reduces investment levels in moonshots such as Alexa, and generally focuses on efficiency while keeping headcount growth moderate and grows into capacity. Read More
Posted: Sep 11 2023, 15:36
Author Name: Proactive Investors
Views: 112278

AMZN News  

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Is Microsoft, Amazon, or Alphabet the Best Stock in This $1.5 Trillion Industry?

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By The Motley Fool
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By Yahoo Finance
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By CNBC
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Amazon, Meta tell UK regulator they will not exploit customer data

By Proactive Investors
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Amazon, Meta tell UK regulator they will not exploit customer data

The UK markets authority has reached agreements with Jeff Bezos and Mark Zuckerberg's businesses Amazon.com Inc (NASDAQ:AMZN) and Meta Platforms Inc ( more_horizontal

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By CNBC Television
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Amazon is our favorite 'Magnificent Seven' stock, says Satori Fund's Dan Niles

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