UPDATE: Bernstein Maintains Outperform On Amazon, Forecasts FY Beat
February 14, 2014 at 09:28 AM EST
In a report published Friday, Bernstein Research analyst Carlos Kirjner maintained an Outperform rating and $420.00 price target on Amazon.com (NASDAQ: AMZN ). Kirjner commented on the company's revenue deceleration noting that it followed fourth quarter in 2012. The analyst wrote, "We believe the 4Q12 deceleration