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<Research>G Sachs Expects Amazon.com (AMZN.US) AWS Rev. to Keep Growing, Chops TP to US$275, Reiterates Buy Rating
Goldman Sachs issued a research report saying that confidence is strengthening in sustained or accelerating AWS revenue growth of Amazon.com (AMZN.US), as well as stable margins. M...
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<Research>G Sachs Expects Amazon.com (AMZN.US) AWS Rev. to Keep Growing, Chops TP to US$275, Reiterates Buy Rating
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Goldman Sachs issued a research report saying that confidence is strengthening in sustained or accelerating AWS revenue growth of Amazon.com (AMZN.US)      , as well as stable margins.

Meanwhile, the broker believed that energy prices may have some impact on the Company's input costs and consumer demand, but it remains manageable within its forecasting framework.

Related NewsAPI Crude Oil Stock Change for May/15 in the United States is -9.100M, lower than the previous value of -2.188M. The forecast was -3.4M.
Also, Goldman Sachs believed that the Company will benefit from a series of broader industry and budget allocation trends, which are favorable to its advertising segment.

Therefore, the broker chopped its target price from US$280 to US$275, with rating reiterated at Buy. Amazon.com remains one of the most attractive stocks in terms of medium- to long-term risk-reward among the shares under the broker's coverage.
(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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