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

Amazon (AMZN) PT Raised to $740 at Morgan Stanley; Bull Case Moves to $860

Morgan 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

JPMorgan 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

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

Amazon (AMZN) PT Lifted to $630 at Baird on 'Pristine' Quarter

Baird 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

Deutsche 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

Amazon's (AMZN) Market Cap Eclipses Retail Giant Wal-mart's (WMT) Following Q2 Report, Outlook

Amazon.com (Nasdaq: AMZN) is trading nearly 20 percent higher in early market action Friday following Q2 results and... More

Amazon (AMZN) PT Raised to $700 at Nomura Securities; 'Christmas in July'

Nomura 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

SunTrust 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

Credit 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

Evercore 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

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

B. Riley Upgrades Amazon.com (AMZN) to Buy

B. 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.

Amazon (AMZN) PT Lifted to $650 at RBC Capital

RBC Capital analyst Mark Mahaney reiterated an Outperform rating and boosted his price target on Amazon (NASDAQ: AMZN) to $650.00 (from $500.00) following materially stronger than expected Q2 results.

Keys to the quarter, according to Mahaney: 1)Revenue Growth Acceleration The Media, Electronics & General Merchandise, and AWS... More

Barclays Upgrades Amazon.com (AMZN) to Overweight

Barclays upgraded Amazon.com (NASDAQ: AMZN) from Equalweight to Overweight with a price target of $700.00.

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.

Cowen Boosts Amazon (AMZN) PT to $700; Accelerating Revenue, Strong Guidance Bolster Confidence

Cowen 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

Mizuho 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

After-Hours Stock Movers 07/23: (AMZN) (P) (V) (SBUX) Higher; (SNSS) (TRUE) (TRIP) Lower (more...)

Sunesis Pharmaceuticals (NASDAQ: SNSS) 60.8% LOWER; announced regulatory updates from its interactions with the European Medicines Agency (EMA) and U.S. Food and Drug Administration (FDA) regarding a potential path toward marketing authorization for vosaroxin as a treatment for acute... More

Market Wrap: Initial Claims Slip to 42-Year Low; Ferrari Revs-up Its IPO; Splitsville for Pearson, FT Group

Market wrap for July 23rd

End of the Day: S&P 500 down 12.0 to 2,102.15; Dow Jones down 119.1 to 17,731.92; Nasdaq down 25.4 to 5,146.41

Market Brief: Several Dow Jones Industrial Components (AmEx, Dow, and Caterpillar) pressured the index following quarterly results issued last night and this morning. News comes following Apple weighing down the Nasdaq on Wednesday following its C3Q15 report.

U.S. initial jobless claims... More

Amazon (AMZN) Skyrockets on Surprise Q2 Profit

Amazon.com (NASDAQ: AMZN) is surging $83, or 17%, after-hours Thursday after the online retailing giant posted a healthy profit in the second quarter versus an expected.

EPS for the quarter was $0.19 per diluted share, versus a loss of $0.27 per diluted share... More

Amazon.com (AMZN) Posts Q2 GAAP EPS of 19c; Issues Q3 Outlook

(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

U.S. stocks higher; 3M, Caterpillar weigh on Dow

By Tanya Agrawal

(Reuters) - The Nasdaq composite and the S&P 500 were higher on Thursday after two days of losses, while the Dow Jones industrial average was at a week-low on disappointing results from bellwethers such as 3M (NYSE: MMM) and Caterpillar (NYSE: CAT).

The two stocks, together with American Express (NYSE: AXP), contributed 55 points to the Dow's fall.

Caterpillar shares fell as much as 3.4 percent to a four-year low of $77.03 after the world's largest construction and mining equipment... More

Trading Radar for 7/23: GM (GM), Visa (V), 3M (MMM), Caterpillar (CAT), Comcast (CMCSA), McDonald's (MCD) Report

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Earnings:

3M Co. (NYSE: MMM) - consensus EPS $2.00
A.O. Smith (NYSE: AOS) - consensus EPS $0.66
ABB Ltd. (NYSE: ABB) - consensus EPS $0.26
AMAG Pharma (Nasdaq: AMAG) - consensus EPS $1.13
Adeptus Health (Nasdaq:... More

Notable Analyst Rating Changes 7/22: (AMZN) (AUY) (JCP) Upgraded; (ABG) (UTC) (CHK) Downgraded

UPGRADES
JMP Securities upgrades Amazon.com (Nasdaq: AMZN) from Market Perform to Market Outperform with a price target of $575.

HSBC raises Yamana Gold (NYSE: AUY) from Hold to Buy.

Buckingham... More

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

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

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

By Nandita Bose and Mari Saito

CHICAGO/SAN FRANCISCO (Reuters) - Macy's Inc (NYSE: M) is expanding same-day delivery to several new U.S. markets this summer, one of the most aggressive pushes by a brick-and-mortar retailer in an area dominated by e-commerce giant Amazon (NASDAQ: AMZN), according to a Macy's official.

Macy's, the nation's largest department store chain, already offers same-day delivery services in eight markets. By partnering with Deliv, an Uber-like startup that uses a fleet of contract drivers to pick up online... More

JMP Securities Upgrades Amazon.com (AMZN) to Market Outperform

JMP Securities upgraded Amazon.com (NASDAQ: AMZN) from Market Perform to Market Outperform with a price target of $575.00.

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 $488.00 yesterday.