Alphabet, Microsoft, Amazon give Wall Street reason to cheer
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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
Alphabet (GOOG) (GOOGL) PT Raised to $900 at JPMorgan
October 23, 2015 10:15 AM EDTJPMorgan analyst Doug Anmuth reiterated an Overweight rating and boosted his price target on Alphabet (NASDAQ: GOOGL) to $900.00 (from $800.00) following results after the close. The analyst said the stock should re-rate on accelerating revenue growth.
Anmuth commented, "We believe the re-rating of Alphabet shares will continue following the 2nd straight quarter of operational... 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
Pandora (P) 3Q Hit by Apple (AAPL) Music Launch; FBR Capital Cuts Price Target to $10
October 23, 2015 9:38 AM EDTFBR Capital maintained an Underperform rating on Pandora (NYSE: P), and cut the price target to $10.00 (from $11.00), as Apple's (NASDAQ: AAPL) Music launch negatively effected 3Q results. Pandora sees this as a temporary phenomenon that will fade as... More
Amazon (AMZN) PT Raised to $760 at Goldman Sachs
October 23, 2015 9:32 AM EDTGoldman Sachs analyst Heath Terry reiterated a Conviction Buy list rating on Amazon.com (NASDAQ: AMZN) and boosted his price target to $760.00 (from $680.00).
Terry commented, "Amazon reported 3Q revenue of $25.4bn (+23.2% yoy vs. +19.9% in 2Q), slightly above consensus of $24.9bn. FX-neutral revenue growth accelerated... 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
