Analysts at Raymond James upgraded Amazon.com, Inc. AMZN from Market Perform to Outperform.
The price target for Amazon.com is set to $485.
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 10.64 percent to $431.50 in pre-market trading.
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