Amazon (AMZN) Surges After Blowout Third Quarter
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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 $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
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 posts second straight profit powered by Web Services
October 22, 2015 4:10 PM EDTBy 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
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