JP Morgan Upgrades Amazon.com To Overweight

Analysts at JP Morgan upgraded

from Neutral to Overweight. The price target for Amazon.com has been raised from $375.00 to $535.00. Amazon.com shares have gained 28.36 percent over the past 52 weeks, while the S&P 500 index has surged 13.39 percent in the same period. Amazon.com shares rose 9.79 percent to $428.17 in pre-market trading.