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

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 $760 at Goldman Sachs

October 23, 2015 9:32 AM EDT

Goldman 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 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

Alphabet, Microsoft, Amazon give Wall Street reason to cheer

October 23, 2015 8:02 AM EDT

By Sweta Singh and Abhirup Roy

(Reuters) - Google parent Alphabet Inc (NASDAQ: GOOGL), Microsoft Corp (NASDAQ: MSFT) and Amazon.com Inc (NASDAQ: AMZN) made headway in the latest quarter in the areas that will be their main engines of growth for years to come, driving up shares across the tech sector on Friday.

Shares of all three surged in early trading, adding more than $120 billion to their combined market value - more than the gross domestic product of Morocco.

... 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

Techs lead Wall St. higher; S&P 500 erases 2015 loss

October 23, 2015 7:18 AM EDT

By Caroline Valetkevitch

(Reuters) - A tech share rally drove U.S. stocks up sharply for a second day on Friday as earnings from companies including Microsoft beat analysts' expectations, while healthcare shares rebounded from recent losses.

The gains left the S&P 500 in positive territory for the year and above its 200-day moving average for the first time since Aug. 19.

An unexpected rate cut in China added to the positive tone for U.S. stocks, which also registered gains for the week.

Microsoft shares (NASDAQ: MSFT) rose 10.1 percent to $52.87,... More

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

October 22, 2015 4:02 PM EDT

Amazon.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