JPMorgan sees a bright future ahead for the latest Amazon-affiliated e-commerce stock to go public. The bank initiated coverage of Pattern at an overweight rating and $18 price target. Pattern, self-described as an e-commerce accelerator, is one of the leading resellers on Amazon. Pattern debuted on the Nasdaq last month after selling shares at $14 in its IPO. The stock has shed less than 1% since its IPO price, closing at $13.97 on Monday afternoon. JPMorgan analyst Doug Anmuth's price target of $18 implies a potential upside of 29% from here. PTRN 1M mountain PTRN 1M chart As a leading e-commerce accelerator, Anmuth said that Pattern would be a good play for investors seeking exposure to e-commerce, which represents a large and unpenetrated total addressable market. In 2025, global e-com

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