Amazon's stock now rated buy by all 45 analysts included in FactSet survey
Shares of Amazon.com Inc. AMZN, -0.27% jumped 1.4% in premarket trade Friday, after analyst Edward Yruma at KeyBanc Capital turned bullish on the e-commerce and cloud giant, citing moves the company is making to improve profitability in its core retail business. Yruma raised his rating to overweight, after being at sector weight since April 2017, and set a $2,100 stock price target. Yruma was the last holdout, of the 45 analysts surveyed by FactSet, that wasn't yet bullish on Amazon.
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