Amazon.com "outperform"

03.10.07 - Credit Suisse

NEW YORK, October 3 (newratings.com) - Analyst H Terry of Credit Suisse reiterates his "outperform" rating on Amazon.com Inc (AMZN). The target price is set to $100.

In a research note published this morning, the analyst mentions that the company is expected to report its 3Q results in-line with expectations. According to comScore, Amazon.com generated +40% y/y sales growth through July and 15% y/y page view growth through August, the analyst says. The company has generated robust free cash flows of up to $900 million this year and faces significant margin expansion opportunities, Credit Suisse adds.