Citigroup Cuts Estimates and Price Target on Amazon.com (AMZN) Due To Flat Online Retail Growth
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Citigroup is lowering estimates and its price target on Amazon.com (Nasdaq: AMZN), citing the comScore online retail report predicting a 0% Nov-Dec year-over-year growth. The firm lowered Amazon's Q4 year-over-year growth from 16% to 7% and Amazon's