Amazon upgraded by Bear Stearns

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 |  About: Amazon.com, Inc. (AMZN)
by: David Jackson

To "Outperform" from "Peer Perform". New price target: $55, versus $46 old price target. Reason? None to speak of. Amazon's press release yesterday about holiday sales contained little real information.

Doesn't it amuse you the way sell side analysts still upgrade stocks the day after they've made big moves?