KeyBanc Upgrades Amazon.com (AMZN) to Overweight
Get Alerts AMZN Hot Sheet
Price: $173.80 -1.58%
Rating Summary:
65 Buy, 5 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 9
Rating Summary:
65 Buy, 5 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 9
Join SI Premium – FREE
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.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Amazon.com (AMZN) PT Raised to $215 at UBS
- Keefe, Bruyette & Woods Upgrades Trustmark (TRMK) to Outperform
- First BanCorp (FBP) PT Raised to $21 at Keefe, Bruyette & Woods
Create E-mail Alert Related Categories
Analyst Comments, Hot Upgrades, UpgradesRelated Entities
KeyBanc, EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!