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Amazon shares hit a record as Canaccord calls it 'the most robust and durable' among the FANG stocks

Michael Sheetz

Canaccord Genuity named Amazon king of the FANG stocks. Amazon has "the most robust and durable growth outlook in the group," the firm said in a note Thursday, putting it ahead of Netflix, Facebook and Alphabet. Canaccord bumped its price target to $2,000 per share from $1,800 per share.