Amazon could surge 90% to $5,000 in long-term bullish scenario, analyst says (AMZN)

Amazon could surge 90% to $5,000 in a long-term bullish scenario, driven by a "hidden value multiplier thesis," according to a note published by Needham on Tuesday.
The firm set a 12-month price target of $3,200, but thinks that target can swell in the long run due to Amazon's track record of total addressable market expanding decisions.
Needham said that those decisions have a tendency to "elongate its growth runway, drive higher profitability, and lower shareholder risk via revenue-stream dive