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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

Apple (AAPL) PT Maintained at $195 at Wells Fargo on F2Q18 Preview; 'Reduced iPhone Estimates... Focus Remains on Capital Return Update'

April 19, 2018 6:57 AM EDT

Wells Fargo maintained its price target on Apple (NASDAQ: AAPL) at $195.00 while maintaining a Market Perform rating, ahead of the company's 2018 fiscal second quarter earnings announcement on May 1st, after the market close.

Analyst Aaron Rakers notes a lowering of FQ2 EPS expectations to $2.62... More

Apple (AAPL) Neutral Rating Maintained at Longbow Research on F2Q18 Preview; 'Remain Below Consensus on iPhones... Capital Return Can Limit Downside'

April 19, 2018 6:30 AM EDT

Longbow Research maintained Neutral rating on Apple (NASDAQ: AAPL), ahead of the company's 2018 fiscal second quarter earnings announcement on May 1st, after the market close.

Analyst Shawn Harrison notes FQ2 EPS expectations of $2.62 versus $2.72 and FQ2 revenue projections of $60.424 billion, citing the... More

Apple (AAPL) Q2 Guidance 'Seems Doable'... Sees Risk to Q3 Revenue - Mizuho

April 19, 2018 6:22 AM EDT

Mizuho Securities maintained its price target on Apple (NASDAQ: AAPL) at $175.00 while maintaining a Neutral rating, ahead of the company's 2018 fiscal second quarter earnings announcement on May 1st, after the market close.

Analyst Abhey Lamba offers earnings estimates on AAPL suggesting fiscal second quarter guidance appears... 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