Scalper1 News
Increasing operating margins in its e-commerce business and lower costs to run cloud computing are among the reasons why Credit Suisse analyst Stephen Ju bumped up his price target for Amazon.com (AMZN). After the investment bank elected to entirely rebuild its model for Amazon stock — separating out the e-tail leader’s Amazon Web Services cloud business — Ju found the “capital intensity” of running AWS is “leveling off as usage growth has dropped Scalper1 News
Scalper1 News