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AMZN

Amazon.com

$1,111.60

17.38 (1.59%)

, WMT

Walmart

$89.68

0.88 (0.99%)

19:03
11/05/17
11/05
19:03
11/05/17
19:03

Amazon cuts prices of other sellers' products amid competition, Reuters says

Amazon (AMZN) is cutting prices of products from third-party sellers on the company's website, according to Reuters. The "discount provided by Amazon" applied to products offered by other merchants as the holiday season approaches and as it tries to draw customers away from low-priced rivals like Wal-Mart (WMT), according to Reuters. Reference Link

AMZN

Amazon.com

$1,111.60

17.38 (1.59%)

WMT

Walmart

$89.68

0.88 (0.99%)

  • 16

    Nov

  • 21

    Nov

  • 20

    Feb

  • 18

    Mar

AMZN Amazon.com
$1,111.60

17.38 (1.59%)

11/02/17
BERN
11/02/17
NO CHANGE
BERN
Amazon.com to enter retail pharmacy, disrupt sector, says Bernstein
Bernstein analyst Lance Wilkes believes Amazon (AMZN) is entering retail pharmacy, and that it will be successful in disrupting this sector, and this will cause long-term margin compression through the drug supply chain. The analyst says Amazon is likely to employ a combination of approaches as it enters this market, such as buy/partner with a large PBM with UnitedHealth (UNH) as the most likely, acquire a smaller PBM or force Amazon in network.
11/02/17
CLVD
11/02/17
NO CHANGE
CLVD
Amazon gaining traction in building products, says Cleveland Research
Cleveland Research said its work suggests Amazon (AMZN) is continuing with its "meaningful" effort to grow its penetration in building product categories and the firm sees potential for its progress to accelerate. Additionally, the firm has heard Amazon is starting to measure its B2B base for pro contractors and remodelers and channel respondents think Amazon could take share in building products. The firm sees Home Depot (HD) as "incrementally proactive" in addressing online competition and continues to see uneven execution impacting Lowe's (LOW). However, its channel work pointed to some progress from Lowe's on inventory and service, the firm noted.
11/02/17
BARD
11/02/17
NO CHANGE
BARD
Outperform
Baird says Home Depot, Lowe's weakness on Amazon worries a buying opportunity
Baird analyst Peter Benedict attributes today's weakness in shares of Home Depot (HD) and Lowe's (LOW) to a competing research firm's note discussing Amazon's (AMZN) efforts to serve professional customers of building products. While he would "never dismiss" Amazon, Benedict believes both Home Depot and Lowe's are well positioned to compete and he views the weakness as a buying opportunity. The analyst reiterates his Outperform rating on both stocks, keeping a $175 price target on Home Depot and a $87 target on Lowe's.
11/03/17
OPCO
11/03/17
NO CHANGE
Target $180
OPCO
Outperform
Oppenheimer views Amazon concerns around Costco as overblown
Oppenheimer analyst Brian Nagel says his "fresh look" into Costco (COST) suggests that market concerns of the company "falling victim to the disintermediating effects of eCommerce appear overblown." Costco's model continues to expand and scale well, despite the efforts of Amazom (AMZN) and others to push more aggressively into various categories, including perishables, Nagel tells investors in a research note. He attributes the company's recent membership trend weakness to "largely transitory and self-induced factors." The analyst lowered his price target for Costco shares to $180 from $185 and keeps an Outperform rating on the name.
WMT Walmart
$89.68

0.88 (0.99%)

10/12/17
10/12/17
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Wal-Mart (WMT) downgraded to Buy from Conviction Buy at Goldman Sachs with analyst Matthew Fassler saying shares have achieved in three months what he had expected in a year on an improvement in sentiment, but not on higher earnings estimates. 2. Monro (MNRO) downgraded to Hold from Buy at Jefferies with analyst Bret Jordan citing expectations the company's earnings growth will slow in 2018 as its focus shifts from acquisitions to improving store-level execution. 3. Diamond Offshore (DO) downgraded to Sell from Neutral at Citi with analyst Scott Gruber saying that if an upturn is forthcoming, Transocean should outperform given a "diminution" of concern toward its balance sheet and more new contract catalysts. 4. Cummins (CMI) downgraded to Neutral following dealer checks at Longbow with analyst Faheem Sabeiha citing a recent truck dealer survey that suggests initial 2018 sales growth is below current industry forecasts, partly due to driver shortage concerns. 5. Disney (DIS), AMC Networks (AMCX), and Viacom (VIA, VIAB) were downgraded to Neutral from Buy at Guggenheim. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/19/17
DADA
10/19/17
NO CHANGE
Target $1300
DADA
Buy
Amazon.com co-opetition with Google becoming more important, says DA Davidson
DA Davidson analyst Tom Forte previews Amazon's (AMZN) Q3 earnings, noting particular attention will be paid to the company's "co-opetition" efforts with Google (GOOG), the competitive threat from Walmart (WMT), and initial performance of Whole Foods. Forte notes that the Google challenge in particular is becoming increasingly important and "problematic" for Amazon, as Google's search algorithm changes made in May resulted in prioritizing local stores with physical inventory of merchandise. This has prompted Amazon to increase spending on Google's product listing ads to preserve its traffic, which weighed on profits in Q2 and may again be a headwind in Q3, the analyst writes in his research report titled "Clash of the Titans". Forte maintains a Buy rating and a $1,300 price target on Amazon stock.
10/19/17
DADA
10/19/17
NO CHANGE
DADA
DA Davidson speculates on whether Amazon should buy Sally Beauty
With Sally Beauty (SBH) shares trading lower intraday, DA Davidson analyst Linda Bolton Weiser published a note in which she covered seven points to consider when evaluating whether the company will be, or should be, an acquisition target for Amazon (AMZN). The analyst, who also attributed today's strength in Ulta Beauty (ULTA) to speculation that Wal-Mart (WMT) will buy it, said beauty has been a hard category to crack for Amazon. She concludes that Sally Beauty's "uniquely high gross margin of 55% and high number of U.S. retail stores" were key reasons why Amazon has chosen the company as its beauty partner.
10/31/17
10/31/17
DOWNGRADE

Neutral
Iconix Brand downgraded to Neutral after Wal-Mart news at Roth Capital
As previously reported, Roth Capital analyst Dave King downgraded Iconix Brand (ICON) to Neutral from Buy after the company announced that its DanskinNow brand will not be renewed at Wal-Mart (WMT) beyond January 2019. He sees a combined asset sale, equity raise, and convert restructuring as the most likely outcome given that the company also warned it may violate certain covenants following the news.

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ADBE

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0.3675 (3.35%)

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NFLX

Netflix

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7.12 (3.23%)

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ALLVF

Altice NV

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0.3675 (3.35%)

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Red Hat

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2.07 (1.64%)

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CAMP

CalAmp

$23.13

0.02 (0.09%)

04:55
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  • 23

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AYR

Aircastle

$24.23

-0.03 (-0.12%)

04:55
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CRNCY

Cairn Energy

$6.15

0.11 (1.82%)

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  • 23

    Jan

SRE

Sempra Energy

$105.05

-0.94 (-0.89%)

04:55
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  • 23

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TRN

Trinity Industries

$36.51

-0.15 (-0.41%)

04:55
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  • 23

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EPE

EP Energy

$2.48

0.17 (7.36%)

04:55
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  • 23

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SBOW

SilverBow Resources

$31.45

-0.79 (-2.45%)

04:55
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  • 23

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BNED

Barnes & Noble Education

$7.71

0.01 (0.13%)

04:55
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  • 23

    Jan

BRG

Bluerock Residential

$9.22

0.03 (0.33%)

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  • 23

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FCPT

Four Corners Property Trust

$24.13

0.45 (1.90%)

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  • 23

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SIG

Signet Jewelers

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  • 23

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UNF

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  • 23

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ProQR Therapeutics

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CQH

Cheniere Energy Partners LP

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EnLink Midstream

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ABEO

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  • 23

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STML

Stemline

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  • 23

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General news
Breaking General news story  »

Week of 1/19 Redbook to…

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