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AMZN

Amazon.com

$1,527.24

23.92 (1.59%)

05:36
04/19/18
04/19
05:36
04/19/18
05:36

Amazon online retail segment could miss Q1 estimates, says Piper Jaffray

Piper Jaffray analyst Michael Olson says his firm's Amazon Search Index indicates Q1 online unit growth will be 21% year-over-year versus 23% in Q4, suggesting revenue that is slightly below Street expectations for the online retail segment. However, given the "strong cloud backdrop" and Piper's chief investment officer survey indicating an intent to accelerate spend, Amazon Web Services could partially offset any softness in retail, Olson tells investors in a pre-earnings research note. He also sees a high likelihood of "other" segment revenue upside in Q1 from advertising. Investors should own Amazon shares for the "plethora of topline tailwinds" and the potential for a return to margin expansion in the second half of 2018, Olson contends. He reiterates an Overweight rating on the shares with a $1,650 price target.

  • 26

    Apr

AMZN Amazon.com
$1,527.24

23.92 (1.59%)

04/17/18
LEER
04/17/18
NO CHANGE
LEER
Amazon, Trump news positive for drug supply chain, distributors, says Leerink
Leerink analyst Ana Gupte sees the dual pronged news flow on Amazon (AMZN) being unlikely to enter the Hospital drug supply chain, and President Trump poised to give a speech on drug pricing and supply chain reform on April 26 as HHS Secretary Alex Azar solicits ideas for pricing reform as positive for both the drug supply chain across PBMs and drug distributors and biopharma manufacturers that have been roiled by fears of margin compression on both these threats. Within her coverage, the analyst views this as positive for UnitedHealth (UNH) with its Optum Rx PBM, Cigna (CI) with its deal to acquire Express Scripts (ESRX), and Aetna (AET) which has inked a deal with CVS (CVS) in part through equity, as well as Anthem (ANTM) with IngenioRx and Humana (HUM) with or without its potential Walmart (WMT) deal that has a sizable mail order operation.
04/17/18
WELS
04/17/18
NO CHANGE
WELS
Amazon reluctance to enter pharmacy positive for food service, says Wells Fargo
Wells Fargo analyst Edward Kelly notes that CNBC reported that Amazon has decided not to pursue a bulk pharmacy offering within its Amazon Business segment. The analyst believes that this decision, if true, could represent a positive read-through for the food distribution business. It has been reported that the key reasons Amazon may not pursue pharmacy include its complex distribution network requiring cold-chain storage, firmly entrenched customer relationships, high costs associated with entry, and difficulty in supplying the appropriate breadth of product, he points out, noting that these hurdles are similar to the barriers to entry in food service.
04/18/18
MSCO
04/18/18
UPGRADE
Target $58
MSCO
Overweight
eBay upgraded to Overweight from Underweight at Morgan Stanley
Morgan Stanley analyst Brian Nowak upgraded eBay (EBAY) two notches, to Overweight from Underweight, as expects the company to start pulling away from PayPal (PYPL) and intermediating its own payments in 2018, with a planned full transition in mid-2020. He is bullish about this initiative, noting that other leading platforms - including Amazon (AMZN), Booking (BKNG), and others - have seen higher user conversion and spending from more integrated and comprehensive payment offerings, Nowak tells investors. Not only can payments drive faster GMV growth, it can also add 20% to companywide EBIT, Nowak estimates. He raised his price target on eBay shares to $58 from $36.
04/18/18
ARGS
04/18/18
NO CHANGE
ARGS
Hold
Netflix valuation remains 'significantly higher' than peers, says Argus
Argus analyst Joseph Bonner kept his Hold rating on Netflix (NFLX) but raised his FY18 EPS view to $2.89 from $2.73 after the company's Q1 earnings beat. The analyst says the company is benefiting from the "secular growth of internet-delivered on-demand video" but also warns that it is taking on more debt, resulting in a "stunning" cash-burn rate. Bonner adds that the market is still judging the company by its subscriber growth while overlooking the costs associated with the ramp in content production and content licensing. The analyst is also cautious on Netflix valuation as its trailing enterprise value to EBITDA multiple is 136-times relative to 29-times peer average and 48-times at Amazon (AMZN).

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Bitcoin

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Bitcoin

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Sony

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SPDR S&P 500 ETF Trust

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JEC

Jacobs Engineering

$76.82

0.65 (0.85%)

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BAC

Bank of America

$31.01

0.79 (2.61%)

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Bank of America's investment banking head to depart, FT reports »

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RHT

Red Hat

$143.38

0.59 (0.41%)

06:15
09/20/18
09/20
06:15
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06:15
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LB

L Brands

$29.68

0.09 (0.30%)

06:11
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AMZN

Amazon.com

$1,926.27

-14.93 (-0.77%)

, GOOG

Alphabet

$1,170.97

9.3 (0.80%)

06:10
09/20/18
09/20
06:10
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06:10
Periodicals
EU opens preliminary probe into Amazon's use of third-party data, BI reports »

European competition…

AMZN

Amazon.com

$1,926.27

-14.93 (-0.77%)

GOOG

Alphabet

$1,170.97

9.3 (0.80%)

GOOGL

Alphabet Class A

$1,174.66

7.49 (0.64%)

AAPL

Apple

$218.35

0.105 (0.05%)

03/08/13
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RRC

Range Resources

$17.19

0.83 (5.07%)

06:07
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06:07
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06:07
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Range Resources rating change  »

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RL

Ralph Lauren

$134.12

1.93 (1.46%)

06:07
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Ralph Lauren rating change  »

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FTNT

Fortinet

$85.82

-2.59 (-2.93%)

06:06
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06:06
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Fortinet rating change  »

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FOLD

Amicus

$11.80

0.02 (0.17%)

06:05
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Amicus acquires gene therapy portfolio of ten AAV programs for $100M »

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FBP

First BanCorp

$8.61

0.12 (1.41%)

06:05
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SKX

Skechers

$27.84

-0.135 (-0.48%)

06:05
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CNI

Canadian National

$86.13

-1.335 (-1.53%)

06:05
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Canadian National rating change  »

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NOA

North American Energy

$8.65

-0.175 (-1.98%)

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North American Construction Group acquires 49% stake in Nuna Logistics »

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SFIX

Stitch Fix

$47.21

-3.275 (-6.49%)

, AMZN

Amazon.com

$1,926.27

-14.93 (-0.77%)

06:04
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06:04
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Stitch Fix, Amazon.com rating change  »

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SFIX

Stitch Fix

$47.21

-3.275 (-6.49%)

AMZN

Amazon.com

$1,926.27

-14.93 (-0.77%)

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IPG

Interpublic Group

06:03
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06:03
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SNHY

Helios Technologies

$55.00

0.49 (0.90%)

06:03
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  • 03

    Oct

MTW

Manitowoc

$24.50

0.8 (3.38%)

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CAT

Caterpillar

$152.78

3.63 (2.43%)

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CNQ

Canadian Natural

$32.86

0.145 (0.44%)

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SCS

Steelcase

$15.30

0.05 (0.33%)

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Steelcase acquires Orangebox Group for $79M »

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COP

ConocoPhillips

$75.53

0.48 (0.64%)

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SLCA

U.S. Silica

$20.50

-0.185 (-0.89%)

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