Amazon.com (NASDAQ:AMZN) Sets New 52-Week High After Analyst Upgrade

Shares of Amazon.com, Inc. (NASDAQ:AMZN) reached a new 52-week high on Wednesday after Loop Capital raised their price target on the stock from $225.00 to $275.00. Loop Capital currently has a buy rating on the stock. Amazon.com traded as high as $201.45 and last traded at $200.93, with a volume of 7925221 shares trading hands. The stock had previously closed at $199.50.

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