Pharma's middlemen see shares suffer as challenges grow

Amazon.com (AMZN) PT Raised to $1,870 at Barclays

July 27, 2018 8:48 AM EDT

Barclays raised its price target on Amazon.com (NASDAQ: AMZN) to $1,870.00 (from $1,850.00) while maintaining a Overweight rating following the company's 2Q earnings report. Amazon continues to perform at a level well-above its mega cap internet peers, with revenue and OI that was in-line and 68%... More

Amazon.com (AMZN) PT Raised to $2,000 at Guggenheim

July 27, 2018 8:43 AM EDT

Guggenheim raised its price target on Amazon.com (NASDAQ: AMZN) to $2,000.00 (from $1,850.00) while maintaining a Buy rating following the company's 2Q earnings report. AMZN reported a strong 2Q18 that included a +39.3% revenue increase (vs. +40.1% estimates) and much better-than-expected margins/CSOI.

Prime... More

Amazon.com (AMZN) PT Raised to $2,200 at Loop Capital Following 2Q

July 27, 2018 8:33 AM EDT

Loop Capital raised its price target on Amazon.com (NASDAQ: AMZN) to $2,200.00 (from $1,900.00) while maintaining a Buy rating following the company's 2Q earnings report. Operating margin improved 390 bps YoY to 5.6% and diluted EPS jumped 1,167.5% to $5.07, beating consensus by $2.59.

Management forecasts 3Q 2018... More

Amazon.com (AMZN) PT Raised to $2,200 at Macquarie

July 27, 2018 8:22 AM EDT

Macquarie raised its price target on Amazon.com (NASDAQ: AMZN) to $2,200.00 (from $2,100.00) while maintaining an Outperform rating. Revenues and CSOI were 2% below and 41% above Macuarie's expectations, respectively.

On page one of a press release by AMZN, it states, We want... More

Amazon.com (AMZN) PT Raised to $2,100 at Piper Jaffray

July 27, 2018 8:16 AM EDT

Piper Jaffray raised its price target on Amazon.com (NASDAQ: AMZN) to $2,100.00 (from $2,075.00) while maintaining an Overweight rating following the company's 2Q earnings report. AMZN reported revenue 1% below the Street and op income 74% above the Street. The mid-point of Q3 guidance calls for... More

Stifel Reiterates Buy on Amazon (AMZN) Following 2Q Release

July 27, 2018 8:09 AM EDT

Stifel reiterated a Buy rating and $2020.00 price target on Amazon.com (NASDAQ: AMZN) following the company's 2Q earnings report. Amazons 2Q was highlighted by continued momentum across its higher-margin businesses and meaningful improvements in operational efficiency, which resulted in 2Q operating income... More

McKesson (MCK) PT Lowered to $134 at Baird; Remains Sidelined

July 27, 2018 7:15 AM EDT

Baird lowered its price target on McKesson (NYSE: MCK) to $134.00 (from $141.00) while maintaining a Neutral rating. MCK claims in-line performance across all three segments. However, YY EBIT facts: U.S. +2% on easy/transitory prior-year comparison, EU -12%, Med-Surg flat, Other -8%. Three of... More

McKesson (MCK) Tops Q1 EPS by 2c, Revenues Miss; Offers FY19 EPS Outlook

July 26, 2018 7:20 AM EDT

McKesson (NYSE: MCK) reported Q1 EPS of $2.90, $0.02 better than the analyst estimate of $2.88. Revenue for the quarter came in at $52.6 billion versus the consensus estimate of $52.9 billion.

Revenues of $52.6 billion for the first quarter, up 3% year over year.First-quarter GAAP loss per diluted share from continuing... More