Amazon has a new biggest bull on Wall Street, who predicts It’s Going to become the Primary trillion dollar company ever in 12 months

Macquarie was impressed by Amazon’s “blowout” earnings, and the international investment bank raised its 12-month price forecast to the highest on Wall Street along with a value that could indicate a listing milestone for a publicly traded firm.

“We believe that even without margin expansion in center retail, the other businesses can drive significant profit increase over the forthcoming years and will create AMZN the initial trillion dollar company,” wrote analyst Ben Schachter in a note to clients Friday. “As its core 1st and 3rd party retail sales continue to take significant discussion from practically all competitions, its subscription business, AWS, and also advertising business are all exceeding expectations markedly.”

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