Analysts revise Amazon stock-price targets ahead of Q2 earnings report

Analysts revise Amazon stock-price targets ahead of Q2 earnings report originally appeared on TheStreet.

If you don’t know why there’s no sun up in the sky, look again.

Washington state’s largest city gets a lot of stormy weather, but one investment firm is seeing nothing but blue skies for Amazon  (AMZN)  this week.

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The e-commerce and cloud-services giant is scheduled to report second-quarter results on July 31 after the closing bell, and Wedbush analysts are looking beyond the clouds in a research note entitled “Seattle Sunny Summer Skies.”

Investor sentiment is broadly positive, the investment firm said, with expectations…

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