KeyBanc Upgrades Amazon.com (AMZN) to Overweight
Get Alerts AMZN Hot Sheet
Price: $177.23 --0%
Rating Summary:
65 Buy, 5 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 5 | New: 2
Rating Summary:
65 Buy, 5 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 5 | New: 2
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KeyBanc analyst Edward Yruma upgraded Amazon.com (NASDAQ: AMZN) from Sector Weight to Overweight with a price target of $2,100.00.
- Says AMZN is taking multiple operation moves to improve profitability in core retail.
- Believes actions could drive mid-term earnings above consensus expectations.
- Suspects mid-market grocery could emerge as an additional margin tailwind.
- Estimates AWS & Advertising together can spark upwards of $100 billion in model transformation.
For an analyst ratings summary and ratings history on Amazon.com click here. For more ratings news on Amazon.com click here.
Shares of Amazon.com closed at $1686.22 yesterday.
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