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By Forbes · Published: Jan 13, 2018 @ 05:02:00 PM

Piper Jaffray’s Amazon analyst Mike Olson increased his price target from $1,200 to $1,400 based on increasing the valuation metric for the shares. Olson uses an EV/EBITDA (Enterprise Value to Earnings Before Interest Taxes Depreciation and Amortization . . .

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