Wall Street ends lower on COVID-19 worries, tech weighs

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Go back to Wall Street ends lower on COVID-19 worries, tech weighs

Amazon.com (AMZN) PT Raised to $3,350 at MKM Partners

July 20, 2020 8:15 AM EDT

MKM Partners analyst Rohit Kulkami raised the price target on Amazon.com (NASDAQ: AMZN) to $3,350.00 (from $2,525.00) while maintaining a Buy rating.

The analyst comments "We are increasing our 2020 and 2021 Revenue & EPS estimates (again). Our 2021 Revenue estimates are now 8% above pre-Covid levels, but... More

Benchmark Reiterates Sell Rating on Netflix (NFLX), Says Fair Value under $400 'even in 2021'

July 17, 2020 7:04 AM EDT

Benchmark analyst Matthew Harrigan reiterated a Sell rating and $397.00 price target on Netflix (NASDAQ: NFLX).

The analyst comments "We are maintaining our Sell rating on Netflix and $397 price target while now looking for the stock to edge below $400 and remain there even into 2021.... More