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Amazon.com price target lowered to $125 from $127 at UBS

UBS analyst Lloyd Walmsley lowered the firm’s price target on Amazon.com to $125 from $127 and keeps a Buy rating on the shares. UBS remains constructive on Amazon shares over a 12-month view and while the firm doesn’t expect AWS stabilization this quarter, sentiment is weak and investors likely already expect continued weakness, the analyst says in a research note.

Published first on TheFly

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