Amazon.com (AMZN) Tops Q3 EPS by 30c, Offers Q4 Guidance

Amazon.com's (AMZN) Price Target Raised to $700 at FBN

October 23, 2015 2:40 PM EDT

FBN 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 EDT

Stifel 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 EDT

Canaccord 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 EDT

UBS 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 EDT

Jefferies 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 $777 at Credit Suisse

October 23, 2015 8:00 AM EDT

Credit Suisse analyst S. Ju reiterated an Outperform rating and boosted its price target on Amazon.com (NASDAQ: AMZN) to $777.00 (from $720.00).

Ju commented, "AMZN posted a better-than-expected 3Q15 with revenue of $25.4b up 30% x-FX, CSOI was $993m (vs. -$136mm in 3Q14) and... More

Amazon (AMZN) PT Raised to $800 by Piper's Munster

October 23, 2015 7:13 AM EDT

Piper 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 EDT

RBC 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 EDT

Cowen 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 EDT

Mizuho 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 posts second straight profit powered by Web Services

October 22, 2015 4:10 PM EDT

By Anya George Tharakan and Alexandria Sage

(Reuters) - E-commerce company Amazon.com Inc (NASDAQ: AMZN) on Thursday recorded a surprise profit for the second quarter in a row, propelled by higher sales in North America and its cloud computing business, and its shares rose 11 percent.

Amazon, which has historically struggled with profitability while spending to expand beyond its core online marketplace offerings, reined in costs and was helped to profitability by growth at its Amazon Web Services (AWS) segment.

Chief Financial Officer Brian Olsavsky told reporters on a conference... More