One-Day Shipping Pain Worth It For Amazon's Long-Term Gain

Amazon.com, Inc.'s (NASDAQ: AMZN) stock dropped on Friday after it issued weaker-than-expected guidance for the upcoming holiday season, but analysts remained bullish on the company and its one-day shipping buildout efforts. Morgan Stanley’s Brian Nowak kept an Overweight rating on Amazon, but lowered the price target from $2,200 to $2100. KeyBanc’s Edward Yruma kept an Overweight rating on the stock with a $2,200 price target. Raymond James' Aaron Kessler lowered the price target from $2,080 to $2,020, but kept an Outperform rating on the stock. Read more: https://bit.ly/2PihkSc