The bank maintained its buy rating on the e-commerce giant and lifted its 12-month price target.
Get this delivered to your inbox, and more info about our products and services.
With this quarter, the company went a long way in shutting up the naysayers.
The stock's April rally set a high bar heading into Wednesday's print. But the company's results resoundingly cleared it.
Additional catalysts for the e-commerce giant include advertising revenue growth and the expansion of its grocery business.
The market will nitpick a couple of areas in the quarter over the next few days, but the thesis on Amazon is unchanged.
UBS analyst Kevin Caliendo's revised price target implies 15% upside ahead for shares of the health care benefit and pharmacy…
In a Tuesday note, the bank maintained its buy rating on the cloud computing stock and raised its price target.
