Cowen analyst John Blackledge rating Amazon from synchronization of the market to beat market on Monday. The analyst believe that amazon will replace Lionel messi as the nation's largest clothing retail in 2017.
He points out that amazon clothing sales rose 36% in the first half of 2015, the growth rate is 28% than the same period last year. As for Amazon high-end users, the growth rate is 57% in the first half of year, Blackledge increase Amazon price target from 435 dollars to 565 dollars. Amazon pre-market go up 15%, opening quotation will hit a high record.
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