Amazon.com, Inc. $AMZN is Synergy Asset Management LLC's 8th Largest Position

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Synergy Asset Management LLC reduced its stake in Amazon.com (AMZN) by 43.2% in the fourth quarter, making it their 8th largest position. Despite this reduction, and recent insider selling, analysts maintain a “Moderate Buy” rating for Amazon with a consensus target price of $286.59. The article also highlights mixed catalysts for Amazon, including potential acquisition talks for Globalstar and ongoing growth in AWS, alongside headwinds like a new seller surcharge and labor union negotiations.

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