Amazon earnings skyrocket on cloud computing, advertising
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Amazon.com (AMZN) PT Raised to $1,870 at Barclays
July 27, 2018 8:48 AM EDTBarclays 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 EDTGuggenheim 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 EDTLoop 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 EDTMacquarie 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 EDTPiper 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 EDTStifel 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
