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美银:上调亚马逊目标价至220美元 仍是FANG中的首选

Bank of America Merrill Lynch: Raises Amazon's target price to $220, still the top pick among FANG.

Breakings ·  Jul 1 10:23
The research report from Goldman Sachs Securities indicated that Amazon has built a logistics center and is expected to deliver over 9 billion packages worldwide this year, surpassing United Parcel Service to become the largest carrier in the United States. Delivery speed has also significantly improved, with nearly 25% of expected packages able to be delivered on the same day or the next day. Even if the efficiency is significantly improved in 2023, the company is still below the 2018 level in the five major logistics industry indicators of Goldman Sachs, indicating that there is still room for improving efficiency. The bank has raised the company's target price from $210 to $220 and still considers it as the preferred stock among the four major technology stocks known as FANG, and reaffirms the "buy" rating.

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