Analyzing AMZN Key Levels & Options After Stock Upgrade

Welcome back to Market on Close. Shares of Amazon are slightly lower on the day, but continuing the recent slump. Shares down 4% just this month.But that's not stopping Wells Fargo from upgrading the stock to overweight and raising its price target to $280, up from $245. The analyst now has increased conviction that Amazon Web Services will see revenue acceleration. That $280 price target would be a new all-time high.Now, with all that said, it's time for Options Corner. So I'm here with Rick Dat to take a ...