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Ahead of the Bell: Analyst upgrades Amazon.com
PHILADELPHIA — An analyst upgraded Amazon.com Inc. Monday on the belief that Wall Street is underestimating the market power of the company’s Kindle device as consumers increasingly gravitate toward reading books electronically.
Collins Stewart analyst Sandeep Aggarwal upgraded Amazon.com to “Buy” from “Hold” and set a $150 price …. Source article  : Analyst upgrades Amazon.com on belief that investors underestimate Kindle’s market power.