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Why Amazon Stock Jumped Monday

TheMotleyFool

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Shares of Amazon (NASDAQ: AMZN) jumped on Monday, rising as much as 6.1%. As of 12:41 p.m. EDT today, the stock was up 5.6%.

The gain was fueled by several analysts' decisions to boost their 12-month price targets for the stock ahead of the company's second-quarter earnings report this month.

Image source: Getty Images.

Source Fool.com

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