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Piper Jaffray's Munster Positive on Amazon (AMZN) into Q1 Print
April 17, 2015 7:24 AM EDTPiper Jaffray analyst Gene Munster is positive on Amazon.com (NASDAQ: AMZN) into results on April 23, saying they expect improving margins to move shares higher.
Munster commented, "We remain positive on shares of AMZN into the Mar-15 earnings release (April 23). We are... More
Amazon (AMZN) Price Target, Estimates Lifted Sharply at Jefferies
April 14, 2015 7:00 AM EDTJefferies US Internet Team reiterated a Buy rating and lifted their price target on Amazon (NASDAQ: AMZN) to $465.00 (from $400.00) after a deep dive into the company's evolving fulfillment strategy. The firm also raised FY 2015 EPS from ($0.04) to $0.35 and FY 2016 EPS from $1.03 to $2.46.
The team views fulfillment for Amazon serving a much broader purpose than they originally gave it credit for and views it as "part of a bigger, multi-faceted strategy focused on better customer segmentation and category... More
