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Amazon roars back into $1 trillion club, powered by one-day delivery boost

FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves
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(Reuters) - There is no stopping Amazon.com's revenue growth , Wall Street analysts said on Friday.The e-commerce giant re-entered the $1 trillion club after its results crushed expectations, benefiting from investments in faster shipping and a surge in Prime membership.Nearly half of the 51 brokerages covering Amazon raised their 12-month price targets on the company's stock, which was up 9% at..
Date Published: Jan 31, 2020
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