Cowen Calls Amazon as Best Idea for 2022, Top Mega-Cap Pick

Cowen Calls Amazon as Best Idea for 2022, Top Mega-Cap Pick
An Amazon logo appears on an Amazon delivery van in Boston, on Oct. 1, 2020. Steven Senne/AP Photo
Benzinga
Updated:

Cowen analyst John Blackledge raised the price target on Amazon.com Inc. to $4,500 from $4,300, implying 30.7 percent upside, and keeps an Outperform.

Blackledge called Amazon his Best Idea for 2022 and top mega-cap pick.