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Read Rosenblatt’s Take on Amazon

June 16, 2022
Barton Crockett
The Epoch Times

Rosenblatt analyst Barton Crockett updated Inc. for the 20–1 share split completed on June 6.

Crockett also reduced its split-adjusted PT by 26 percent to $107, near current trading levels. He reiterated a Neutral rating.

Crockett continued to see consensus long-term sales estimates as too high, mainly from what he saw as excessive long-term optimism for online retail.

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Read Rosenblatt’s Take on Amazon
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