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Citigroup raised amazon price target to $1400 over the next three years will significantly improve profit margins

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Citigroup raised amazon price target to $1400 over the next three years will significantly improve profit margins
Tencent technology - Citi is expected, according to foreign media reports, the Wall Street investment Banks for amazon shareholders, in 2018 will be a harvest year. Citi reiterated its "buy" rating on the Internet giant stocks, and predict the strong growth of the amazon will achieve results. Citigroup analyst Mark - mee, May) said in a report Friday in the latest investors: "we are still bullish on consumer Internet industry, especially given the recent tax reform is good, the business environment is good for we focus on the company's market finally. Amazon's position further, as our preferred investment objectives. We expect that the amazon's revenue growth will be more than 30%, profit margins will continue to improve, the dynamic price-earnings ratio is 20 times." Mee will he give the stock price target from $1250 to $1400, 16% higher than the stock on Thursday's closing price. Mee is expected, amazon will be able to in the next three years will be...
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