Notable Upgrades: Amazon.com Inc. (AMZN), Microsoft (MSFT), GoPro (GPRO), Ambarella, Inc. (AMBA)

Amazon.com Inc. (AMZN) was reiterated a ‘Overweight’ by Piper Jaffray analysts on Wednesday. The broker also raised its price target on the stock to $520 from $475. On valuation measures, Amazon.com Inc. shareshave a PEG and forward P/E ratio of 31.95 and 170.07, respectively. Price/Sales for the same period is 2.18 while EPS is ($0.88). […] View the full post at: Notable Upgrades: Amazon.com Inc. (AMZN), Microsoft (MSFT), GoPro (GPRO), Ambarella, Inc. (AMBA) Related posts: Amazon’s (AMZN) Cloud: A SaaS Solution Amazon’s Growth Warrants an Upgrade Amazon Acquires Zappos.com for $807 mln