Wall Street rises on earnings hopes, Netflix soars

Morgan Stanley Remains Bullish on Amazon (AMZN) Following Analysis

April 19, 2018 9:12 AM EDT

Morgan Stanley reiterated an Overweight rating and $1550.00 price target on Amazon.com (NASDAQ: AMZN) following a market analysis. The analysis shows Amazon gained 1.5% of US apparel market share in 2017, +10 bps sequentially vs. 2016, largely at the expense of dept stores.

Cumulatively, Morgan Stanley... More

UnitedHealth Group (UNH) PT Raised to $282 at RBC Capital

April 18, 2018 7:15 AM EDT

RBC Capital raised its price target on UnitedHealth Group (NYSE: UNH) to $282.00 (from $280.00) while maintaining an Outperform rating.

Analyst Frank Morgan called it another impressive performance quarterly performance from UNH with each of its business lines posting double-digit earnings growth.

In addition, underlying business trends remain strong.

... More

UnitedHealth Group (UNH) PT Raised to $275 at Evercore ISI

April 18, 2018 6:33 AM EDT

Evercore ISI raised its price target on UnitedHealth Group (NYSE: UNH) to $275.00 (from $255.00) while maintaining an Outperform rating.

Analyst Michael Newshel commented, "UNH didnt even catch a sniffle in Q1 and put up an even stronger beat than recent quarters despite the... More

Amazon (AMZN) Reports Exclusive Multi-Year Partnership with Best Buy (BBY) to Offer Next Generation Fire TV Edition Smart TVs

April 18, 2018 6:11 AM EDT

Amazon (NASDAQ: AMZN) and Best Buy (NYSE: BBY) today announced a collaboration to bring the next generation of Fire TV Edition smart TVs to customers in the United States and Canada. As a first step in the partnership, Best Buy will launch more than ten 4K and HD Fire TV Edition models from Insignia and Toshiba, beginning this summer.

Amazon and Best Buy have a long history of working together, and today we take our partnership to a new level, said Jeff Bezos, Amazon founder and CEO. These... More

Amazon (AMZN) Announces Launch of 'International Shopping' Experience on the Amazon Shopping App

April 18, 2018 5:47 AM EDT

Amazon (NASDAQ: AMZN) launched the International Shopping experience within the Amazon Shopping App, making it possible for international customers to browse and shop over 45 million eligible items that can be shipped to their country from the United States. This experience is available on mobile browser and mobile app within the Amazon Shopping App for both iOS and Android mobile devices. The International Shopping experience offers shopping in 5 languages, including English, Spanish, Simplified Chinese, German, and Brazilian... More

UnitedHealth Group (UNH) PT Raised to $300 at Cantor Fitzgerald on 1Q18 Earnings Beat; 'Strong Start to 2018'

April 17, 2018 1:18 PM EDT

Cantor Fitzgerald raised its price target on UnitedHealth Group (NYSE: UNH) to $300.00 (from $280.00) while maintaining a Overweight rating, following the company's first quarter earnings report.

Analyst Steven Halper notes an upbeat outlook on the shares, as UNH reported 2018 first quarter earning per share and... More

Tesla (TSLA) Factory Pause a Precursor to 5,000/wk Production, Global Equities' Chowdhry Says; 'Buy on Weakness'

April 17, 2018 8:28 AM EDT

Analyst Trip Chowdhry of Global Equities Research is telling clients to buy Tesla (NASDAQ: TSLA) on weakness as the Model 3 factory pause is a positive, setting up for an increase toward 5,000 units per week.

Chowdhry highlights:

Production ramp up is a Step Function vs. a Continuous FunctionProduction of... More

Netflix (NFLX) PT Raised to $372 at Bernstein Following 1Q

April 17, 2018 7:55 AM EDT

Bernstein raised its price target on Netflix (NASDAQ: NFLX) to $372.00 (from $340.00) while maintaining a Outperform rating following the company's 1Q earnings report. The combination of a double-digit price increases across 80% of their sub base, combined with some F/X help, drove Netflix revenue +43%... More