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AMZN

Amazon.com

$1,964.78

-13.57 (-0.69%)

07:07
07/22/19
07/22
07:07
07/22/19
07:07

Amazon.com price target raised to $2,200 from $2,100 at KeyBanc

KeyBanc analyst Edward Yruma raised his price target for Amazon to $2,200 from $2,100 as he believes that trends have improved since the Q1 and given higher estimates for U.S. retail. The analyst notes that Amazon's Fifth Annual Prime Day was the biggest in company history - bigger than Black Friday and Cyber Monday combined - and largely avoided the technical difficulties of last year. The event lasted 12 hours longer this year, fueling the record sales, he adds. Yruma reiterates an Overweight rating on the shares.

  • 25

    Jul

AMZN Amazon.com
$1,964.78

-13.57 (-0.69%)

07/15/19
LOOP
07/15/19
NO CHANGE
Target $2380
LOOP
Buy
Amazon.com's Prime Day to be 'highly successful', says Loop Capital
Loop Capital analyst Anthony Chukumba kept his Buy rating and $2,380 price target on Amazon.com, saying he expects the company's 48-hour Prime Day starting this morning to be "highly successful". The analyst sees the event as an opportunity to highlight Amazon's launch of one-day delivery for Prime members as it serves the purpose of generating "significant volume" during the seasonally slow time of the year and driving incremental Prime subscriptions.
07/16/19
CHLM
07/16/19
NO CHANGE
Target $15
CHLM
Buy
Craig-Hallum says Spartan order is from Amazon, boosts price target to $15
Craig-Hallum analyst Steve Dyer raised his price target for Spartan Motors (SPAR) to $15 from $12 after the company announced a 2,237 unit walk-in van order from a leading North American e-commerce company, which the analyst believes to be Amazon.com (AMZN). The stock in morning trading is up 14%, or $1.39, to $11.30. Dyer estimates the award is worth $70M, accretive to margins, and likely incremental to prior guidance. This announcement, combined with industry checks, suggests Spartan's business is "strong," the analyst tells investors in a research note. He thinks think there could be upside to the company's consensus estimates and reiterates a Buy rating on the shares.
07/18/19
BMOC
07/18/19
NO CHANGE
Target $440
BMOC
Outperform
Netflix price target lowered to $440 from $470 at BMO Capital
BMO Capital analyst Daniel Salmon lowered his price target on Netflix (NFLX) to $440 after its reported shortfall on subscriber addition in Q2, which he expects to "fuel the debate" about the company's pricing power and the role of new content. Given the sequential decline in its U.S. markets and the approaching launch of Disney+ (DIS), the analyst contends that this may be a "more than just the usual" earnings-miss driven debate. Longer term however, Salmon believes that the company's revenue trend remains on track, keeping his Outperform rating on the stock and recommending Netflix, Amazon (AMZN), and Disney as a "collective investment" in the global streaming race.
07/22/19
DBAB
07/22/19
NO CHANGE
Target $2515
DBAB
Buy
Amazon.com price target raised to $2,515 from $2,315 at Deutsche Bank
Deutsche Bank analyst Lloyd Walmsley raised his price target for Amazon.com to $2,515 from $2,315 and keeps a Buy rating on the shares. The analyst slightly increased his sales estimates towards the high end of guidance and sees acceleration in revenue and unit growth to 12% in Q2. Further, with easing comps over the balance of the year and a benefit from one-day prime, Walmsley believes Amazon's revenue growth is likely to accelerate again in Q3. The company is in the "sweet spot" of slightly accelerating revenue and key performance indicators with continued margin expansion, the analyst tells investors in a research note.

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