Evercore ISI Analyst Sees 36% Upside In Amazon - Read Why - Amazon.com (NASDAQ:AMZN)

Evercore ISI analyst Mark Mahaney raised the price target Amazon.com Inc AMZN to $4,700 from $4,200, implying a 35.9% upside, and reiterated an Outperform.
Mahaney believes investors "under-appreciate the magnitude and meaning of Amazon's dramatic fulfillment capacity expansion."
Over the past five years, he has tracked a 17x increase in the number of Delivery Stations that the part of Amazon's fulfillment network, most of which focus on One Day and Same Day Delivery.
Mahaney believes this will "materially strengthen Amazon's customer value proposition" and increases his confidence in the company's long-term growth outlook.
Price Action: AMZN shares traded lower by 0.33% at $3,445.90 on the last check Tuesday.

Momentum66.44

Growth91.50

Quality66.43

Value50.17

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Evercore ISI Analyst Sees 36% Upside In Amazon - Read Why