Amazon (AMZN) PT Raised to $850 at Baird

JPMorgan Has 5 Key Takeaways from Amazon's (AMZN) Strong Quarter

JPMorgan analyst Doug Anmuth reiterated an Overweight rating and $925 price target on Amazon.com (NASDAQ: AMZN) following strong Q2 results. He sees 5 key takeaways:

1) AMZNs 2Q execution was strong across the board. The company continues to benefit from the AMZN Flywheel, Prime, a growing distribution footprint, getting closer to customers, 3P, AWSthe list goes on. The AMZN story has come together- with profitability.

2) 2Q results and the 3Q... More

Amazon (AMZN) PT Raised to $920 at Goldman Sachs

Goldman Sachs analyst Heath Terry reiterated a Conviction Buy list rating and raised his price target on Amazon.com (NASDAQ: AMZN) to $920.00 (from $900.00) following strong Q2 results.

Terry commented, "Amazon reported 2Q revenue of $30.4bn (+31.1% yoy vs. +28.2% in 1Q), above consensus of... More

Amazon (AMZN) PT Raised to $941 at Oppenheimer

Oppenheimer analyst Jason Helfstein reiterated an Outperform rating and boosted his price target on Amazon.com (NASDAQ: AMZN) to $941.00 (from $930.00) following another strong quarter, while guidance was weaker on content investment.

Helfstein commented, "Following exceptional 2Q results on revenue & margins, we are raising our... More

Amazon (AMZN) PT Raised to $840 at RBC Capital

RBC Capital analyst Mark Mahaney reiterated an Outperform rating and raised his price target on Amazon.com (NASDAQ: AMZN) to $840.00 (from $800.00) after the company delivered another record quarter, although Q3 Op Income guidance was lighter than expected.

The Quarter Keys: 1) Accelerating Retail Rev. Growth... More

Amazon.com's (AMZN) Price Target Raised to $985 at Deutsche Bank

Deutsche Bank maintained a Buy rating on Amazon.com (NASDAQ: AMZN) and raised its price target to $985.00 (from $900.00). Analyst Ross Sandler characterized Q2 results as a "solid beat" and he thinks guidance is conservative.

"AMZN reported revenue and EPS 3% and 21% above consensus, and the overall tone of the 2Q print was upbeat. Guidance assumes another quarter of strong revenue growth (6.1% at mid-point) and the OI step down reflects... More

Amazon (AMZN) PT Raiesd to $875 at Macquarie

Macquarie analyst Ben Schachter reiterated an Outperform rating and raised its price target on Amazon.com (NASDAQ: AMZN) to $875.00 (from $760.00) following Q2 results.

Schachter commented, "We think AMZN is in a position to have its best 4Q ever, and by a... More

Amazon.com (AMZN): Phenomenal Retail/AWS Growth - Wedbush

Wedbush analyst, Michael Pachter, reiterated his Outperform rating on shares of Amazon.com (NASDAQ: AMZN) and raised his price target to 900.00 (from $835.00). The companys outsized earnings beats in 1H:16 appear to be a signal that it is focused on growing profits; Amazon Web Services... More

Amazon.com (AMZN): Raising PT to $800 - SunTrust

SunTrust Robinson Humphrey analyst, Bob Peck, reiterated his Buy on shares of Amazon.com (NASDAQ: AMZN) after the company delivered a solid 2Q despite tougher comps, with revenue growth accelerating to 31% on the Prime flywheel and AWS, and the highest consolidated segment operating income (CSOI) margin in 6 years. The 3Q guide beat on revenue, but margins are expected to decline on higher... More

Amazon (AMZN) PT Raised to $900 at UBS

UBS analyst Eric Sheridan reiterated a Buy rating and raised his price target on Amazon.com (NASDAQ: AMZN) to $900.00 (from $785.00) following results after the close.

Sheridan commented, "Q2 results were another step in Amazon demonstrating continued revenue strength ("the Flywheel")... More

Amazon (AMZN) PT Raised to $950 at Jefferies

Jefferies US Internet Team reiterated a Buy rating and raised its price target on Amazon.com (NASDAQ: AMZN) to $950.00 (from $865.00) following strong results after the close.

They commented, "AMZN reported a solid quarter with revenue and unit growth acceleration. Guidance came in... More

Amazon (AMZN) PT Raised to $900 by Piper Jaffray Munster

Piper Jaffray analyst Gene Munster reiterated an Overweight rating and raised his price target on Amazon.com (NASDAQ: AMZN) to $900.00 (from $800.00) following strong results after the close.

Munster commented, "Amazon reported revenue 3% ahead of consensus while also driving non-GAAP operating income 26% above consensus (6.9% margin... More

Amazon (AMZN) PT Raised to $855 at Mizuho

Mizuho Securities analyst Neil Doshi reiterated a Buy rating and lifted his price target on Amazon.com (NASDAQ: AMZN) to $855.00 (from $810.00) following solid Q2 results.

Doshi commented, "Amazon reminded us who is King of the eCommerce Jungle. Revenue of $30.4b accelerated to 30%... More

Amazon.com (AMZN): Returning to Investment in 3Q After Blowing Away Estimates - BMO

BMO Capital analyst, Daniel Salmon, reiterated his Outperform rating on shares of Amazon.com (NASDAQ: AMZN) after the company announced 2Q16 revenue of $30.4B (+30% CC). This beat the analyst's $30.0B estimate and the Streets $29.6B. North America revenue of $17.7B beat the Streets $17.4B,... More

Cowen Boosts PT on Amazon.com (AMZN) to $900 Following Solid Q2 Results and Outlook

Cowen and Company lifts its price target on Outperform-rated Amazon.com (Nasdaq: AMZN) from $830 to $900 following above-expectations Q2 results.

Cowen commented, AMZN's strong 2Q16 results beat our above-consensus forecast, unit growth accelerated again (+28% y/y vs. +22% last yr). While 3Q16 revenue guide was well above... More

Amazon.com (AMZN) Tops Q2 EPS by 67c

Amazon.com (NASDAQ: AMZN) reported Q2 EPS of $1.78, $0.67 better than the analyst estimate of $1.11. Revenue for the quarter came in at $30.4 billion versus the consensus estimate of $29.55 billion.

Operating cash flow increased 42% to $12.7 billion for the trailing twelve months, compared with $9.0 billion for the trailing twelve months ended June 30, 2015. Free cash flow increased to $7.3 billion for the trailing twelve months, compared with $4.4 billion for the trailing... More