Bernstein Warns on Tech Valuations

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Netflix (NFLX) PT Raised to $460 at BofA/Merrill Lynch; 'Still More Upside... Drivers Include Pricing, Margins & India'

June 27, 2018 6:08 AM EDT

BofA/Merrill Lynch raised its price target on Netflix (NASDAQ: NFLX) to $460.00 (from $352.00) while maintaining a Buy rating, following an update to the company's outlook.

Analyst Nat Schindler notes a positive outlook on the shares, citing NFLX's year-to-date performance, up 108% in 2018, while... More

Amazon (AMZN) Expands Whole Food Market Grocery Delivery Service to Major U.S. Cities in the Midwest

June 26, 2018 5:47 AM EDT

Amazon (NASDAQ: AMZN) and Whole Foods Market today launched delivery of natural and organic products from Whole Foods Market through Prime Now in Chicago, Houston, Indianapolis, Minneapolis and San Antonio. Starting today, Prime members in those cities can shop through Prime Now for bestselling items including fresh produce, high quality meat and seafood, everyday staples and other locally sourced items from... More