Stock futures traded mixed Thursday evening after touching record highs yet again.
Amazon (AMZN) stock has room to grow, with the e-commerce giant’s cloud service likely to be a positive driver in 2021, according to one BofA analyst. Justin Post raised his price target on the stock to $4,000 from $3,650, while maintaining a Buy rating. Shares were trading 2% higher during Thursday’s session.
Top news and what to watch in the markets on Thursday, January 21, 2021.