E-commerce giant Amazon (NASDAQ:AMZN) has started delivering products with its Prime Air drones in California and Texas.
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Further, the company plans to improve its service with feedback and take it nationwide. While Amazon continues to improve its offerings with innovation, the company’s share price has tanked nearly 24% over the past six months.
Analysts though remain buoyant about Amazon with a Strong Buy consensus rating and an average price target of $140.03.
This indicates a massive 64.24% potential upside in the stock.
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