BofA (BAC) lifts Amazon.com (AMZN) to Buy with a target of $103, saying it believes AMZN will...

|About: Bank of America Corpora... (BAC)|By:, SA News Editor

BofA (BAC) lifts Amazon.com (AMZN) to Buy with a target of $103, saying it believes AMZN will outperform its peers and return to double-digit growth in 2010. Firm notes AMZN has underperformed since April due to competitive fears, which it says are overblown. Shares +2.7% premarket to $85.80.