Shares of Amazon.com Inc. (AMZN) jumped 1.6% in morning trade

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27 September 2018

Shares of Amazon.com Inc. (AMZN) jumped 1.6% in morning trade

Shares of Amazon.com Inc. (AMZN) jumped 1.6% in morning trade Thursday, after Stifel Nicolaus analyst Scott Devitt raised his stock price target to $2,525 from $2,020. The new target is the highest of the 47 analysts surveyed by FactSet, just above the second-highest of $2,500.

European stocks closed: FTSE 100 +33.95 7545.44 +0.45% DAX +49.70 12435.59 +0.40% CAC 40 +27.68 5540.41 +0.50%

U.S pending home sales fell slightly in August and have now decreased on an annual basis for eight straight months

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