Macy's to expand same-day delivery to new U.S. markets, challenging Amazon

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Canaccord Genuity Raises Price Target to $525 on Amazon.com (AMZN) Following 2Q Results

July 24, 2015 10:05 AM EDT

Canaccord Genuity reiterates a Hold rating on Amazon.com (NASDAQ: AMZN), and raised the price target to $525.00 (from $400.00), following 2Q earnings. AMZN exceeded expectations on nearly every line, with a notable 16% beat on AWS revenue.

Analyst Michael Graham commented, "Amazon's Q2 results were... More

Wedbush Raises Price Target on Amazon.com (AMZN) Following 2Q EPS Beat

July 24, 2015 8:18 AM EDT

Wedbush reiterated an Outperform rating on Amazon.com (NASDAQ: AMZN), and raised the price target to $700.00 (from $575.00), following 2Q15. Revenue was $23.2 billion, vs. consensus estimate of $22.4 billion. EPS was $0.19, vs. the consensus estimate of $(0.14).

Analyst Michael Pachter commented, "Unexpected profits well... More

Cantor Fitzgerald Raised Price Target to $670 on Amazon.com (AMZN) Following 2Q EPS Beat

July 24, 2015 7:00 AM EDT

Cantor Fitzgerald reiterated a Buy rating on Amazon.com (NASDAQ: AMZN), and raised the price target to $670.00 (from $460.00), following 2Q15 results. Revenue was $23.2B vs. consensus of $22.4B. EPS came in at $0.19, exceeding expectations of -$0.14.

Analyst Youssef Squali commented, "AMZN delivered exceptionally strong... More

Amazon.com (AMZN) Announces Expansion of Home Services in 15 Metro Areas

July 22, 2015 9:07 AM EDT

Amazon (NASDAQ: AMZN) announced Amazon Home Services (www.amazon.com/services) has expanded the number of providers and the services they offer in 15 metropolitan areas, including Atlanta, Boston, Chicago, Dallas-Fort Worth, Houston, Miami, Philadelphia, Phoenix, San Diego, San Jose and Washington D.C., adding to existing availability in New York City, Los Angeles, San Francisco and Seattle. Amazon Home Services now includes over 15 million unique services across more than 900 professional services.

Amazon Home Services now offers two ways for customers to shop: custom and pre-packaged services. With custom services, customers can create... More