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Amazon.com (AMZN) could dominate the public cloud service field much as IBM (IBM) and Microsoft-Intel dominated two earlier computing platforms, says Oppenheimer, which Monday hiked its price target on Amazon stock by a lot. Jason Helfstein, an Oppenheimer analyst, expects Amazon to continue grabbing share in the e-commerce market as well. In a research note, Helfstein raised his price target on Amazon stock to 525 from 415. Amazon stock was up Scalper1 News
Scalper1 News