Amazon (AMZN) PT Raised to $888 at Stifel
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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
April 29, 2016 7:54 AM EDT
Baird analyst Colin Sebastian raised his price target on Outperform-rated Amazon.com (NASDAQ: AMZN) to $780.00 (from $710.00) following Q1 results which beat across the board.
Sebastian commented, "Revenue of $29.1B(+29% Y/Y ex-FX vs. +26% Y/Y 4Q15) and CSOI of $1.66B handily beat consensus($28B... More
April 29, 2016 7:51 AM EDT
Credit Suisse analyst S. Ju reiterated an Outperform rating and raised his price target on Amazon.com (NASDAQ: AMZN) to $880.00 (from $800.00) following strong Q1.
Ju commented, "AMZN posted a better-than-expected 1Q16; revenue of $29.1b +29% x-FX was above our estimate, CSOI was $1.66b... More
April 29, 2016 7:23 AM EDT
Jefferies US Internet Team raised its price target on Amazon.com (NASDAQ: AMZN) to $865.00 (from $775.00) following strong Q1, with the Prime flywheel driving solid results.
The team commented, "Amazon reported another solid quarter with nice acceleration in revenue and unit growth. Guidance... More
April 29, 2016 7:01 AM EDT
RBC Capital analyst Mark Mahaney reiterated an Outperform rating and boosted his price target on Amazon.com (NASDAQ: AMZN) to $800.00 (from $715.00) in wake of Beat & Raise Q1 EPS results. He sees it as an Inflection Point Quarter.
Mahaney commented, "AMZN grew Q1 revenue 29% ex-FX to $29.1B, well ahead of the Street/RBC @$28B. Upside came from all three segments North... More
April 29, 2016 6:48 AM EDT
Mizuho Securities analyst Neil Doshi reiterated a Buy rating and boosted his price target on Amazon.com (NASDAQ: AMZN) to $810.00 (from $685.00) following strong Q1 results.
Doshi commented, "After a 4Q miss and lower, sentiment was mixed going into the 1Q... More
