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AMZN

Amazon.com

$1,527.53

-11.65 (-0.76%)

12:29
01/03/19
01/03
12:29
01/03/19
12:29

Whole Foods launches digital catalog to tailored to dietary preferences

Whole Foods Market launches a digital product catalog on wholefoodsmarket.com that allows shoppers to find items by dietary preference and provides complete nutritional information and ingredient lists at customers' fingertips. According to a recent Whole Foods Market study, almost one third of frequent customers say they shop according to a specific dietary preference. The optimized site is a quick and convenient way for those shoppers to research food options and verify availability at their local store. "Whole Foods Market has always been a go-to for those who follow special diets or want greater transparency into what they are eating," said Jason Buechel, Executive Vice President of Technology and Chief Information Officer for Whole Foods Market. "This new experience makes it easier than ever for those customers to find products that fit their needs from dietary preferences to lifestyle changes, and ultimately helps them achieve their wellness goals." Whole Foods is owned by Amazon. Reference Link

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AMZN Amazon.com
$1,527.53

-11.65 (-0.76%)

01/03/19
ADAM
01/03/19
UPGRADE
Target $1250
ADAM
Buy
Alphabet upgraded to Buy from Hold at Canaccord
Canaccord analyst Michael Graham upgraded Alphabet (GOOG; GOOGL) to Buy from Hold. The analyst said revenue growth should continue in the 15-20% range for 2-3 years which coupled with abating margin pressure and share buybacks, should lead to over 15% earnings growth between 2020-2022. He also believes competitive risks from Amazon (AMZN) are manageable and considers the stock to be the most defensive of the FANG group given its steady performance and reasonable valuation. Graham raised his price target to $1,250 from $1,140 on Alphabet shares.
01/02/19
DADA
01/02/19
NO CHANGE
Target $2450
DADA
Buy
DA Davidson sees potential for Amazon to add gas stations to its physical stores
DA Davidson analyst Tom Forte kept his Buy rating and $2,450 price target on Amazon.com (AMZN), saying he is positive on the recent Wall Street Journal speculation that the company plans to open additional Whole Foods stores to support its delivery efforts. The analyst adds that he sees further potential for Amazon to "add gas stations to its physical store portfolio as another means for it to advance" its cashier-less retail strategy, boosting its sales similarly to Costco (COST), where 10% of the top line comes from gas.
01/02/19
LOOP
01/02/19
NO CHANGE
Target $12
LOOP
Hold
Loop Capital says Bed Bath Beyond, Amazon price gap widens to historical levels
Loop Capital analyst Anthony Chukumba kept his Hold rating and $12 price target on Bed Bath & Beyond (BBBY), saying his periodic pricing study demonstrated that the gap between the company and Amazon.com (AMZN) has widened back to its "historical level". The analyst sees this as a likely negative for the former, but also notes that that discounting has been a challenge in maintaining its gross margins. Chukumba maintains his forecasts on Bed Bath results ahead of next week's earnings, adding that while its stock trades at a discount to historical average levels, the 6.5-times expected forward earnings multiple is "in line" with other "secularly challenged specialty hardlines retailers."
12/28/18
BARD
12/28/18
NO CHANGE
Target $2100
BARD
Outperform
Baird sees near-term disruption for Amazon from India's new regulations
The Indian government earlier this week announced changes to its foreign direct investment regulations for e-commerce, Baird analyst Colin Sebastian tells investors in a research note. The analyst believes these will at least temporarily slow the growth for Amazon.com (AMZN), Flipkart, which is majority owned by Walmart (WMT), and other foreign-owned marketplaces. However, after speaking with multiple contacts in the India e-commerce industry, Sebastian also believes that these platforms, over time, will adapt, limiting the long-term risk to their leading market positions. For Amazon, the analyst expects some near-term operational challenges as the company unwinds its stakes in some larger sellers, pursues additional sources of product listings, and ends exclusive deals and aggressive product discounting. He believes India will remain a focus for Amazon and keeps an Outperform rating on the shares with a $2,100 price target.

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