Amazon profit crushes estimates as cloud-service revenue soars

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Go back to Amazon profit crushes estimates as cloud-service revenue soars

Amazon (AMZN) PT Raised to $785 at UBS Amid Accelerating Flywheel

April 29, 2016 8:07 AM EDT

UBS analyst Eric Sheridan raised his price target on Buy-rated Amazon.com (NASDAQ: AMZN) to $785.00 (from $720.00) as 2016 begins with an accelerating flywheel (Prime + FBA).

Sheridan commented, "In early 2016, investors have feared multiple drivers of a renewed investment cycle by Amazon (Q4's fulfilment cost... More

Cowen Lifts PT on Amazon.com (AMZN) to $830 Following Strong Q1, Outlook

April 29, 2016 6:15 AM EDT

Cowen and Company lifts its price target on Outperform-rated Amazon.com (Nasdaq: AMZN) from $750 up to $830 following strong Q1 results and outlook issued Thursday night.

Analyst John Blackledge commented, Total revenue was $29.1BN, +28% y/y (+29% y/y x-FX), $1.1BN or... More