Citi adds Amazon to its focus list, says stock can rise 30%

Published Wed, Apr 20 20227:18 AM EDT

Jesse Pound @/in/jesse-pound @jesserpound

A sign hangs from a fence at Metropolitan Park, the first phase of new construction of Amazon's HQ2 development, in Arlington, Virginia, October 13, 2021.

Kevin Lamarque | Reuters

Amazon is on solid footing and should outperform even as the outlook about the U.S. economy is increasingly cloudy, according to Citi.

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Citi adds Amazon to its focus list, says stock can rise 30%

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