Analyst views on Amazon vary

Investor's Business Daily

The Web retailer's stock price target was revised to 300 from 250 by RBC Capital Markets, but Pacific Crest said Dec. Amazon (AMZN) Kindle sales appear to be weak based on supply chain checks. Pacific Crest cut its sales forecast for the tablet, which competes with Apple's (AAPL) iPad, Google's (GOOG) Nexus and Barnes & Noble's (BKS) Nook. RBC said in a research note that Amazon's costly fulfillment center investments could slow in '13 and the world's largest online retailer could reap benefits. Amazon shares rose 2.6% to 260.40.

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