Amazon.com Announces Third Quarter Sales up 23% to $25.4 Billion
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Amazon.com's (AMZN) Price Target Raised to $700 at FBN
October 23, 2015 2:40 PM EDTFBN Securities maintained an Outperform rating on Amazon.com (NASDAQ: AMZN) and raised its price target to $700.00 (from $650.00). The change follows strong Q3 results.
Analyst Shebly Seyrafi said, "We retain our Outperform rating on AMZN and raise our PT from $650 to $700. The company... More
Amazon (AMZN) PT Raised to $750 at Stifel
October 23, 2015 11:51 AM EDTStifel analyst Scott Devitt reiterated a Buy rating and boosted his price target on Amazon.com (NASDAQ: AMZN) to $750.00 (from $700.00).
Devitt commented, "Amazon reported another impressive quarter as revenue was in-line with our above consensus estimate and CSOI significantly exceeded our and consensus... More
Canaccord Genuity Raises Price target Following Amazon.com's (AMZN) 3Q Results
October 23, 2015 10:04 AM EDTCanaccord Genuity reiterated a Hold rating on Amazon.com (NASDAQ: AMZN), and raised the price target to $600.00 (from $525.00), following the company's 3Q results.
Analyst Michael Graham commented, "Amazon's Q3 results exceeded expectations soundly. We think it was particularly impressive that every revenue growth... More
Amazon (AMZN) PT Raised to $700 at UBS
October 23, 2015 9:05 AM EDTUBS analyst Eric Sheridan reiterated a Buy rating and boosted his price target on Amazon.com (NASDAQ: AMZN) to $700.00 (from $650.00).
Sheridan commented, "In Q3, Amazon (again) demonstrated a revenue re-acceleration driven by consumer Prime adoption, seller FBA adoption, & strong AWS revenue growth with... More
Amazon (AMZN) PT Raised to $775 at Jefferies
October 23, 2015 8:19 AM EDTJefferies US Internet Team reiterated a Buy rating and boosted its price target on Amazon.com (NASDAQ: AMZN) to $775.00 (from $730.00).
The team commented, "Amazon delivered another solid quarter with nice acceleration in unit and revenue growth. We reiterate our Buy rating... More
Amazon (AMZN) PT Raised to $800 by Piper's Munster
October 23, 2015 7:13 AM EDTPiper Jaffray analyst Gene Munster reiterated an Overweight rating and boosted his price target on Amazon.com (NASDAQ: AMZN) to $800.00 (from $650.00) following solid results.
Munster commented, "Despite investor concern over rising expectations, Amazon reported 2% upside to Street revenue estimates and unit growth 500bps above... More
Amazon (AMZN) PT Raised to $775 at RBC Capital
October 23, 2015 6:30 AM EDTRBC Capital analyst Mark Mahaney reiterate an Outperform rating and boosted his price target on Amazon.com (NASDAQ: AMZN) to $775.00 (from $705.00) following "materially stronger than expected Q3 results."
Mahaney highlighted the following keys in the quarter: 1) Revenue Growth AccelerationY/Y Revenue growth... More
Cowen Lifts PT on Amazon (AMZN) by 10% Following Q3 Results, Outlook
October 23, 2015 6:29 AM EDTCowen and Company lifted its price target on Outperform-rated Amazon.com (Nasdaq: AMZN) from $700 up to $770 following strong Q3 results issued Thursday night.
Analyst John Blackledge commented, Amazon reported strong 3Q15 results, revenue came in at the high-end of the range and CSOI... More
Amazon (AMZN) PT Raised to $720 at Mizuho Securities
October 23, 2015 6:23 AM EDTMizuho Securities analyst Neil Doshi reiterated a Buy rating and boosted his price target on Amazon.com (NASDAQ: AMZN) to $720.00 (from $645.00) folllowing the company's 'beat and raise' quarter.
"Revenue growth (ex-FX) accelerated for the third consecutive quarter to 30% YoY vs. 27%... More
Amazon.com (AMZN) Tops Q3 EPS by 30c, Offers Q4 Guidance
October 22, 2015 4:02 PM EDTAmazon.com (NASDAQ: AMZN) reported Q3 EPS of $0.17, $0.30 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $25.4 billion versus the consensus estimate of $24.91 billion.
Fourth Quarter 2015 Guidance
Net sales are expected to be between $33.50 billion and $36.75 billion, or to grow... More