Analysts are lifting their targets for Amazon (AMZN) following its Q2 beat and strong Q3...

|By:, SA News Editor

Analysts are lifting their targets for Amazon (AMZN) following its Q2 beat and strong Q3 guidance. Citi notes Q2 featured Amazon's fastest growth in a decade, and argues the company's operating margin only fell due to R&D and Fulfillment spending that's "creating even deeper moats." AMZN +5.1% premarket, putting its market cap above $100B for the first time. (transcript)