Breaking News Instant updates and real-time market news.

AMZN

Amazon.com

$1,932.92

5.335 (0.28%)

07:57
08/29/18
08/29
07:57
08/29/18
07:57

Technical Take: Amazon.com at new life high, analyst action

In pre-market trading the shares were last up over 1% to $1953.65. At that price there is no resistance, opening up the potential for a run to the $1975-$2000 area. Support is at the prior session closing price of $1932.81. As previously reported, Morgan Stanley sharply raised its price target to the current highest on the street, from $1850 up to $2500. The closest target was at $2458 with an average of $2111.69.

  • 29

    Aug

  • 12

    Sep

  • 13

    Sep

AMZN Amazon.com
$1,932.92

5.335 (0.28%)

08/27/18
PIPR
08/27/18
NO CHANGE
Target $150
PIPR
Overweight
Piper believes advertising revenue could 'ramp significantly' for Wayfair
The "nascent" advertising revenue opportunity at Wayfair (W) could "ramp significantly" over the next two years and become a notable driver to EBITDA, Piper Jaffray analyst Peter Keith tells investors in a research note. Wayfair is currently testing sponsored product ads, and the analyst believes the initiative could roll out more broadly within the next few months. Using Amazon's (AMZN) early success with sponsored ads as a proxy, he estimates Wayfair's ad revenue could drive $100M-$175M of EBITDA by 2020. Keith has not factored advertising revenue into his model, but says advertising success would "significantly increase" the probability of positive EBITDA for Wayfair in the next two years. The analyst reiterates an Overweight rating on the shares with a $150 price target.
08/27/18
MSCO
08/27/18
NO CHANGE
MSCO
Equal Weight
Walmart battle with Amazon set to escalate, says Morgan Stanley
Morgan Stanley analyst Simeon Gutman believes Walmart's (WMT) battle with Amazon (AMZN) is about to intensify and he views its ability to counter Amazon's challenges as the key long-term debate on the stock. He believes Walmart shares are pricing in a continuation of 2-3% comps over the next few years with 40% e-commerce growth and improving e-commerce profitability, but he fears this may not be sustainable. He keeps an Equal Weight rating on Walmart shares, stating that to make him more bullish Walmart needs to show sustained top-line strength in both channels and to become more bearish he'd have to see U.S. EBIT margins contract more than he expects.
08/28/18
WBLR
08/28/18
NO CHANGE
WBLR
Outperform
Amazon upgrading printers to Kornit's new HD technology, says William Blair
Based on information from the Pennsylvania Department of Environmental Protection, William Blair analyst Brian Drab believes Amazon (AMZN) is upgrading Kornit printers that were already installed in its Pennsylvania textile printing facility to Kornit's new high definition print engine and also laying the groundwork to expand the facility from a maximum of 48 machines to 72 machines. In a research note titled "As Far as We Can Tell, Amazon Really Likes Kornit," Drab says Kornit's valuation is attractive given his expectation for about 20% revenue growth and margin driving greater than 30% earnings growth going forward. He points out that Amazon recently applied for two new air-quality permits and also submitted an application to expand capacity at its Pennsylvania facility from 48 printers to 72 printers. This is clearly a step toward upgrading the existing fleet of machines in the Pennsylvania facility to the HD technology Kornit introduced in early 2018, the analyst contends. He believes Amazon's e application for 72 printers is likely to be approved given it is essentially an addendum to previous permits. Drab estimates that an incremental 24 printers would likely generate about $10M in revenue for Kornit. He keeps an Outperform rating on the shares.
08/29/18
MSCO
08/29/18
NO CHANGE
Target $2500
MSCO
Overweight
Amazon price target raised to $2,500 from $1,850 at Morgan Stanley
Morgan Stanley analyst Brian Nowak expressed increasing confidence that Amazon's rapidly growing, high margin revenue streams - namely advertising, AWS, and subscriptions - will drive higher profitability and continue to push up consensus estimates. He has not made any changes to his estimates, but raised his price target on Amazon shares to $2,500 from $1,850 to reflect its improving business mix and his belief that the new target more accurately represents the company's long-term potential earnings power. In his new sum-of-the-parts model, Nowak values core retail at about $625B, values the AWS cloud business at roughly $375B, values Prime subscriber revenue at $100B and values the advertising business at $125B. He maintains an Overweight rating on Amazon shares, which closed yesterday at about $1,933 per share.

TODAY'S FREE FLY STORIES

ANGI

Angi Homeservices

$16.62

-0.11 (-0.66%)

18:24
12/11/18
12/11
18:24
12/11/18
18:24
Syndicate
Angi Homeservices 1.5M share Spot Secondary priced at $16.40 »

The deal priced within…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 12

    Dec

SPY

SPDR S&P 500 ETF Trust

$264.13

0.04 (0.02%)

, SPX

S&P 500

$0.00

(0.00%)

18:24
12/11/18
12/11
18:24
12/11/18
18:24
Periodicals
Huawei CFO Meng granted bail by Canadian judge, Bloomberg reports »

Huawei Technologies Co.…

SPY

SPDR S&P 500 ETF Trust

$264.13

0.04 (0.02%)

SPX

S&P 500

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

BSX

Boston Scientific

$36.55

0.41 (1.13%)

, EW

Edwards Lifesciences

$163.20

1.2 (0.74%)

18:14
12/11/18
12/11
18:14
12/11/18
18:14
Hot Stocks
Boston Scientific says it 'prevails' in U.S. Edwards Lifesciences litigation »

Boston Scientific (BSX)…

BSX

Boston Scientific

$36.55

0.41 (1.13%)

EW

Edwards Lifesciences

$163.20

1.2 (0.74%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 12

    Dec

MSFT

Microsoft

$108.67

1.11 (1.03%)

18:14
12/11/18
12/11
18:14
12/11/18
18:14
Hot Stocks
Microsoft CMO Chris Capossela sells 4K shares of common stock »

In a regulatory filing,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 03

    Mar

GLD

SPDR Gold Shares

$117.55

-0.13 (-0.11%)

18:05
12/11/18
12/11
18:05
12/11/18
18:05
Hot Stocks
SPDR Gold Shares holdings rise to 763.56MT from 760.32MT »

This is the third…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SPY

SPDR S&P 500 ETF Trust

$264.13

0.04 (0.02%)

, SPX

S&P 500

$0.00

(0.00%)

18:04
12/11/18
12/11
18:04
12/11/18
18:04
Periodicals
Breaking Periodicals news story on SPDR S&P 500 ETF Trust, S&P 500 »

Huawei CFO Meng granted…

SPY

SPDR S&P 500 ETF Trust

$264.13

0.04 (0.02%)

SPX

S&P 500

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SIEGY

Siemens

$0.00

(0.00%)

17:56
12/11/18
12/11
17:56
12/11/18
17:56
Periodicals
Siemens to close Texas turbines facility, dismiss 200 workers, Reuters says »

Siemens intends to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

CABO

Cable One

$871.98

9.68 (1.12%)

17:56
12/11/18
12/11
17:56
12/11/18
17:56
Hot Stocks
Cable One to rebrand as Sparklight in the summer of 2019 »

Cable One announced that…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

AJRD

Aerojet Rocketdyne

$35.40

0.02 (0.06%)

17:53
12/11/18
12/11
17:53
12/11/18
17:53
Hot Stocks
Aerojet Rocketdyne awarded DARPA contract to design OpFires propulsion system »

Aerojet Rocketdyne said…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

AGNC

AGNC Investment

$17.92

0.045 (0.25%)

17:45
12/11/18
12/11
17:45
12/11/18
17:45
Hot Stocks
AGNC Investment reports tangible net book value of $16.76 per share »

AGNC Investment …

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

TM

Toyota

$120.40

-0.47 (-0.39%)

, PCRFY

Panasonic

$0.00

(0.00%)

17:40
12/11/18
12/11
17:40
12/11/18
17:40
Periodicals
Breaking Periodicals news story on Toyota, Panasonic »

Panasonic to supply…

TM

Toyota

$120.40

-0.47 (-0.39%)

PCRFY

Panasonic

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

NDAQ

Nasdaq

$87.28

0.08 (0.09%)

17:37
12/11/18
12/11
17:37
12/11/18
17:37
Hot Stocks
Nasdaq acquires Quandl to 'advance' the use of alternative data »

Nasdaq announced it has…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

KL

Kirkland Lake Gold

$24.36

0.58 (2.44%)

17:36
12/11/18
12/11
17:36
12/11/18
17:36
Hot Stocks
Kirkland Lake Gold raises dividend to C$0.04 from C$0.03 »

Kirkland Lake Gold…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

BSX

Boston Scientific

$36.55

0.41 (1.13%)

, EW

Edwards Lifesciences

$163.20

1.2 (0.74%)

17:26
12/11/18
12/11
17:26
12/11/18
17:26
Periodicals
Breaking Periodicals news story on Boston Scientific, Edwards Lifesciences »

Boston Scientific wins…

BSX

Boston Scientific

$36.55

0.41 (1.13%)

EW

Edwards Lifesciences

$163.20

1.2 (0.74%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 12

    Dec

HUSA

Houston American Energy

$0.22

0.0009 (0.42%)

17:26
12/11/18
12/11
17:26
12/11/18
17:26
Syndicate
Breaking Syndicate news story on Houston American Energy »

Houston American Energy…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

VTVT

vTv Therapeutics

$1.86

0.02 (1.09%)

17:18
12/11/18
12/11
17:18
12/11/18
17:18
Hot Stocks
vTv Therapeutics initiates restructuring, will cut roughly 65% of workforce »

In a regulatory filing,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

GLMD

Galmed

$7.94

-0.445 (-5.31%)

17:18
12/11/18
12/11
17:18
12/11/18
17:18
Initiation
Galmed initiated  »

Galmed initiated with a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

MDGL

Madrigal Pharmaceuticals

$114.69

1.8 (1.59%)

17:17
12/11/18
12/11
17:17
12/11/18
17:17
Initiation
Madrigal Pharmaceuticals initiated  »

Madrigal Pharmaceuticals…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

VKTX

Viking Therapeutics

$9.47

0.01 (0.11%)

17:17
12/11/18
12/11
17:17
12/11/18
17:17
Initiation
Viking Therapeutics initiated  »

Viking Therapeutics…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

COT

Cott Corp.

$14.68

0.03 (0.20%)

17:14
12/11/18
12/11
17:14
12/11/18
17:14
Hot Stocks
Cott approves $50M share repurchase program »

Cott announced that the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

NEOS

Neos Therapeutics

$2.03

-0.08 (-3.79%)

17:11
12/11/18
12/11
17:11
12/11/18
17:11
Syndicate
Breaking Syndicate news story on Neos Therapeutics »

Neos Therapeutics files…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

ICPT

Intercept

$104.73

-1.32 (-1.24%)

17:10
12/11/18
12/11
17:10
12/11/18
17:10
Initiation
Intercept initiated  »

Intercept initiated with…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

TOCA

Tocagen

$12.85

0.2 (1.58%)

17:10
12/11/18
12/11
17:10
12/11/18
17:10
Syndicate
Tocagen files to sell 3M shares of common stock »

Citigroup and Leerink…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

ONCS

OncoSec

$0.82

-0.0489 (-5.62%)

17:09
12/11/18
12/11
17:09
12/11/18
17:09
Hot Stocks
Breaking Hot Stocks news story on OncoSec »

Alpha Holdings raises…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

ISBC

Investors Bancorp

$11.48

-0.06 (-0.52%)

17:09
12/11/18
12/11
17:09
12/11/18
17:09
Hot Stocks
Investors Bancorp announces balance sheet restructure, branch rationalization »

Investors Bancorp…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.