Citi lifts its price target on Amazon.com (AMZN) to $170 from $140, noting the online retailer's...

|By:, SA News Editor

Citi lifts its price target on Amazon.com (AMZN) to $170 from $140, noting the online retailer's ongoing obsession with innovation & customer experience; competitive moats; and Citi's double-double thesis (online sales and AMZN's share thereof could both double over the next decade). Shorts could get punished this morning. AMZN +0.5% premarket.