Amazon (AMZN) PT Raised to $800 at Credit Suisse

Credit Suisse analyst S. Ju reiterated an Outperform rating and lifted its price target on Amazon.com (NASDAQ: AMZN) to $800.00 (from $777.00), after separating out the financial statements for AWS.

"We increase our price target on AMZN shares from $777 to $800 following extensive work to separate out the financial statements for AWS from the core e-commerce franchise," Ju said.

The firm said AWS capital intensity is leveling off and FCD to reset higher.

For an analyst ratings summary and ratings history on Amazon.com click here. For more ratings news on Amazon.com click here.

Shares of Amazon.com closed at $617.74 yesterday.

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