Blue Apron shares sink as customers ditch its meal-kits
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Amazon.com (AMZN) Buy Rating Maintained at Stifel; Shares Removed from 'Stifel Select List Given Strong YTD Performance'
August 6, 2018 6:51 AM EDTStifel maintained its price target on Amazon.com (NASDAQ: AMZN) at $2,020.00 while maintaining a Buy rating, as the shares were removed from the 'Stifel Select LIst' due to outperformance year-to-date.
Analysts Scott Devitt and John Egbert note a positive outlook on the shares, as... More
Blue Apron (APRN) PT Lowered to $1.30 at Morgan Stanley Following 2Q
August 3, 2018 7:50 AM EDTMorgan Stanley lowered its price target on Blue Apron (NYSE: APRN) to $1.30 (from $1.90) while maintaining an Equalweight rating following the company's 2Q earnings report. APRN's 2Q results disappointed, as a 6% miss on revenue ($179.6mn) overshadowed in-line adj. EBITDA (-$17.5mn). Revenue was negatively impacted... More
Blue Apron (APRN) PT Lowered to $2 at RBC Capital
August 2, 2018 12:52 PM EDTRBC Capital lowered its price target on Blue Apron (NYSE: APRN) to $2.00 (from $4.00) while maintaining a Sector Perform rating following results.
Analyst Mark Mahaney notes multi-channels market approach but fundamentals in the core business remain weak, and they are increasingly uncertain on the medium- and long-term outlook.
... More