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Advertising checks for ad spending on Amazon.Com Inc (NASDAQ: AMZN) remain strong (Skai 4Q marketplace ad spending increased 48% Y/Y through Nov), BofA analyst Justin Post writes.
Once a few more investors connect a few more dots, these stocks may soar.
Cyber Five Online sales in the U.S. showed mixed results, with Adobe Analytics reporting a 7.8% year-over-year increase to $38 billion, exceeding Adobe's $37.2 billion forecast.
BofA analyst Justin Post reiterated a Buy rating on Amazon.Com Inc (NASDAQ: AMZN) and a price target of $168.
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Meta Platforms Inc. and Amazon have announced a partnership through which Facebook and Instagram users can purchase goods directly from Amazon.