#Amazon .com (AMZN) shares hit a record high Monday as the e-commerce giant received a price target hike from FBN Securities, following a first-quarter earnings report showing new revenue segments and strong ad sales growth that could threaten #Google -owner #Alphabet (GOOGL) down the road. FBN Securities analyst Shebly Seyrafi raised his price target on Amazon to 1,050 from 925 and maintained an outperform rating.
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