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Bank of America Securities maintains buy rating on Amazon shares
Bank of America Securities analyst Justin Post has reaffirmed a Buy rating on Amazon (AMZN), with shares closing at $203.26. The analyst consensus is a Strong Buy, with an average price target of $269.85, indicating a potential upside of 32.76%. Amazon reported a quarterly revenue of $187.79 billion and a net profit of $20 billion for the quarter ending December 31, significantly up from last year's $169.96 billion revenue and $10.62 billion profit.
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