Amazon (AMZN) bulls may finally have a reason to smile — just like the company’s logo suggests — after a relatively ugly winter, according to a recent Bank of America (BAC) Global Research report.
“We continue to rate Amazon as our top FANG and large-cap Internet stock for 2022,” Bank of America analyst Justin Post wrote in his report. “Amazon’s profit outlook is improving as the COVID impact on labor and supply chain subsides.”
Amazon pushed markets up on Friday, and was the…
Source link
