24-04-2017 23:39 via feedproxy.google.com

WEDBUSH: Amazon's share price could explode more than 35% higher (AMZN)

Wedbush Securities just put a $1250 price target on Amazon's stock. 
On April 24, Wedbush Securities analyst Michael Pachter circulated a first quarter preview to clients to reiterate his "Outperform" rating and raise his price target on shares of the retail giant from from $900 to $1250. That would represent a 38% increase. According to Factset, Pachter now has the highest price target of any analyst among the 46 that cover Amazon.
Amazon reports earning
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