Barclays Upgrades Amazon.com (AMZN) to Overweight
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Needham Starts NeoVolta (NEOV) at Buy
Amazon (AMZN) PT Raised to $740 at Morgan Stanley; Bull Case Moves to $860
July 24, 2015 10:35 AM EDTMorgan Stanley analyst Brian Nowak reiterated an Overweight rating and boosted his price target on Amazon.com (NASDAQ: AMZN) to $740.00 (from $520.00) following blow-out earnings after the close.
Nowak noted "accelerating core business (in all 4 segments), improving profitability and AWS posting 80%+ growth speaks to the strength of Amazon's businesses and ability to continue... More
JPMorgan Lifts PT on Amazon (AMZN) to $710; Accelerating Growth and Profit Upside
July 24, 2015 10:14 AM EDTJPMorgan analyst Doug Anmuth reiterated an Overweight rating and boosted his price target on Amazon.com (NASDAQ: AMZN) to $710.00 (from $535.00) following strong Q2 results on accelerating growth and profit upside.
Anmuth commented, "Amazon delivered another quarter of very strong results with accelerating FXN revenue growth of 27% and significant CSOI... More
Canaccord Genuity Raises Price Target to $525 on Amazon.com (AMZN) Following 2Q Results
July 24, 2015 10:05 AM EDTCanaccord 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
Amazon (AMZN) PT Lifted to $630 at Baird on 'Pristine' Quarter
July 24, 2015 9:00 AM EDTBaird analyst Colin Sebastian reiterated an Outperform rating and boosted his price target on Amazon.com (NASDAQ: AMZN) to $630.00 (from $475.00) following a "pristine quarter almost across the board."
Sebastian commented, "While Amazon was increasing seen as a consensus long following the surprise AWS... More
Amazon (AMZN) in 'Sweet Spot'; PT Raised to $665 at Deutsche Bank
July 24, 2015 8:55 AM EDTDeutsche Bank maintained a Buy rating on Amazon.com (NASDAQ: AMZN) and raised its price target to $655.00 (from $500.00). The change follows strong Q2 results. Analyst Ross Sandler said the trend might not last forever but he thinks the next few quarters "line up... More
Wedbush Raises Price Target on Amazon.com (AMZN) Following 2Q EPS Beat
July 24, 2015 8:18 AM EDTWedbush 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
Amazon (AMZN) PT Raised to $700 at Nomura Securities; 'Christmas in July'
July 24, 2015 7:54 AM EDTNomura Securities analyst Robert Drbul reiterated a Buy rating and boosted his price target on Amazon.com (NASDAQ: AMZN) to $700.00 (from $500.00) following Q2 results
Drbul commented, "AMZN 2Q revenue and profitability came in largely ahead of expectations. We believe that the benefits of... More
Amazon (AMZN) PT Raised to $500 at SunTrust Robinson Humphrey
July 24, 2015 7:40 AM EDTSunTrust Robinson Humphrey analyst Robert Peck bumped his price target on Amazon.com (NASDAQ: AMZN) to $500.00 (from $475.00) following Q2 results but maintained his Neutral rating.
Peck commented, "The 2Q results were an "A+", hallmarked by three main points: 1) Top line results accelerated... More
Amazon (AMZN) PT Lifted to $700 at Credit Suisse Amid Strong Q2
July 24, 2015 7:17 AM EDTCredit Suisse analyst S. Ju reiterated an Outperform rating and boosted its price target on Amazon.com (NASDAQ: AMZN) to $700.00 (from $480.00) following better-than-expected 2Q15 results.
Ju noted, "Revenue of $23.2b +27% x-FX was modestly above our est, CSOI was $1.08b (vs. $404mm in 2Q14)... More
Amazon (AMZN) PT Raised to $585 at Evercore ISI; AWS and Retail Drive Upside
July 24, 2015 7:11 AM EDTEvercore ISI analyst Ken Sena boosted his price target Amazon.com (NASDAQ: AMZN) to $585.00 (from $460.00) following blowout results, but maintained a Hold rating.
Sena commented, "AWS revenue growth accelerated to 81%, lapping prior year pricing cuts and supporting the notion that efforts by competitors are having... More
Cantor Fitzgerald Raised Price Target to $670 on Amazon.com (AMZN) Following 2Q EPS Beat
July 24, 2015 7:00 AM EDTCantor 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
B. Riley Upgrades Amazon.com (AMZN) to Buy
July 24, 2015 6:37 AM EDTB. Riley upgraded Amazon.com (NASDAQ: AMZN) from Neutral to Buy with a price target of $646.00.
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 $482.18 yesterday.
... MoreCowen Boosts Amazon (AMZN) PT to $700; Accelerating Revenue, Strong Guidance Bolster Confidence
July 24, 2015 6:29 AM EDTCowen and Company lifts its price target on Outperform-rated Amazon.com (Nasdaq: AMZN) from $665 to $700 following strong Q2 results issued after markets closed on Thursday.
Analyst John Blackledge summarized, AMZN reported a break-out qtr with revs beating the high-end of guidance and 2 percent above our est. driven by accelerating EGM and AWS topline growth, while margins... More
Amazon (AMZN) Execution 'Flawless' in Q2, Mizuho Says; PT Up to $645
July 24, 2015 6:28 AM EDTMizuho Securities analyst Neil Doshi reiterated a Buy rating and raised his price target on Amazon.com (NASDAQ: AMZN) to $645.00 (from $498.00) following strong Q2 results.
Doshi commented, "Amazon's 2Q execution was about as flawless as one could hope for. Revenue growth (ex-FX)... More
Amazon.com (AMZN) Posts Q2 GAAP EPS of 19c; Issues Q3 Outlook
July 23, 2015 4:09 PM EDT(Updated - July 23, 2015 4:11 PM EDT)
Amazon.com (NASDAQ: AMZN) reported Q2 EPS of $0.19, $0.33 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $23.18 billion versus the consensus estimate of $22.39 billion.
Financial Guidance
The following forward-looking statements... More

