UPS to cut its Amazon business by more than 50%. Here's why.
Considering that Amazon (AMZN) accounted for 11.8% of UPS's total revenue for the year, which translates to roughly $10.7 billion, it didn't help that the delivery giant also resumed its pattern of ...
Big Retailers Find Big Profits Imitating Amazon’s Ad Business
Amazon may have started in retail, but its biggest profits now come from advertising and cloud computing, with rivals ramping ...
Bernstein raises Amazon stock price target to $280 on growth outlook
Bernstein analysts, led by Nikhil Devnani, increased their price target on Amazon.com (NASDAQ:AMZN) shares to $280 from the previous target of $265, while maintaining an Outperform rating on the stock ...
JMP reiterates Amazon stock $285 target amid cloud growth
JMP Securities maintained a bullish stance on Amazon.com (NASDAQ:AMZN), reiterating its Market Outperform rating and a ...