Evercore ISI hikes Amazon price target, says beefed up delivery network will boost stock

Evercore ISI hikes Amazon price target, says beefed up delivery network will boost stock

An Amazon delivery worker pulls a delivery cart full of packages during its annual Prime Day promotion in New York City, June 21, 2021.

Brendan McDermid | Reuters

Amazon has been pouring money into its delivery market, and it should make its Prime membership program an even more valuable product for customers and the company, according to investment firm Evercore ISI.

Original news source Credit: www.cnbc.com



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