Amazon, Alphabet Get Price Targets Raised As Dominance Grows

Amazon (AMZN) and Alphabet (GOOGL) both got a price-target increase Wednesday, as the two internet giants continue to pump out new products and expand market share.

XAutoplay: On | OffCredit Suisse analyst Stephen Ju raised his price target on both Amazon and Alphabet to 1,350 from 1,100, and maintained an outperform rating on both.

Ju's report on Amazon focused on the company's acquisition of Whole Foods, saying the war that Amazon will wage in groceries will be won not on price but on...

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