Amazon Will Kill Physical Retail

Wedbush Research recently initiated coverage of Amazon.com Inc. (NASDAQ:AMZN). Though the analysts are not all that bullish on Amazon stock, they are incredibly bullish on the internet retailer as a company. Amazon.com Inc. (NASDAQ:AMZN) is on the way toward killing physical retail.

The report asserts that the current Amzon.com Inc. (NASDAQ:AMZN) position of biggest online retailer will lead to the company establishing itself as the world's leading retailer. The report, which was authored by analysts Michael Pachter, Nick McKay and Nick Citrin, rated Amazon.com Inc. (NASDAQ:AMZN) a Neutral and put a price target of $330 on the company's...