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Stock impact report

Amazon’s Advertising Business Isn’t Its Achilles' Heel [The Motley Fool]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: The Motley Fool
Amazon(NASDAQ:AMZNMizuhoLee cut hits revenue growth forecast for Amazon's ad business from 0% to 8% for fiscal 00, and he doesn't expect its growth to normalize until the first quarter of 0. Lee claimed the decline would throttle Amazon's earnings growth for the next two years, and cut hisEBITDALee slightly cut his price target for Amazon from $,0 to $,00 a share, but curiously maintained a Buy rating on the stock as it topped $,00. Investors should always take analysts' ratings with a grain of salt, but should they be concerned about Amazon's ad business?Let's dig deeper into this business, and I'll explain why it probably won't suffer as much as other ad platforms throughout theCOVID-9 crisisImage source: Getty Images.How does Amazon's ad business work?Amazon's ad business sells digital ads across its e-commerce marketplace, hardware devices (including the Kindle, Fire TV, and Echo), and Amazon-owned sites like IMDb.com and DPReview.com. Amazon's third-party merchants can boost thei Show less Read more
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