JPMorgan analyst Doug Anmuth says Amazon.com Inc. remains his top overall idea in the internet space.
The re-rating came after the Department of Commerce released Q4 U.S. e-commerce sales of $258 billion, shy of the firm’s $270 billion estimates.
Amazon Remains JPMorgan’s Top Overall Idea in Internet
Save
The Amazon logo on the frontage of an Amazon's centre in Bretigny-sur-Orge, France on Dec. 14, 2021. Thomas Samson/AFP via Getty Images
By Benzinga
Updated:
