Thread: Analyst predicts $750M worth of Kindle sales by 2010
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Old 05-19-2008, 12:10 PM   #11
TadW
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First Citigroup, now Goldman Sachs.

Quote:
Amazon (AMZN) shares this morning are getting a boost from Goldman Sachs analyst James Mitchell, who added the stock to the firm’s Americas Conviction Buy List, and upped his price target to $98 from $75. “Based on a measured online-offline strategy; Prime, Kindle, and mobile tapping pent-up demand; and share gains in a growing market, we estimate it can sustain 20%-plus/year unit growth over 5-10 years,” Mitchell wrote in a research note this morning.
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