Amazon.com (AMZN) PT Raised to $3,700 at Mizuho Securities

Amazon.com (AMZN) PT Raised to $3,700 at Needham & Company; 'Bull Case Intact'

Needham & Company analyst Laura Martin raised the price target on Amazon.com (NASDAQ: AMZN) to $3,700.00 (from $3,200.00) while maintaining a Buy rating.

The analyst commented, "AMZN reported strong 2Q20 results at Net Sales of $88.9B (up 40% y/y and 11% above our... More

Nasdaq surges on megacap earnings but U.S. fiscal uncertainty nags

By Chuck Mikolajczak

NEW YORK (Reuters) - The Nasdaq jumped more than 1% on Friday, powered by strong earnings from some of the largest U.S. companies, but the Dow and S&P finished with smaller gains as uncertainty about the government's next round of coronavirus aid kept economic worries on the radar.

Apple Inc shares surged 10.5% to close at a record $425.04 in the wake of blowout quarterly results and a four-for-one stock split announcement.

Amazon.com Inc gained 3.7% after posting its biggest profit ever while Facebook jumped 8.2% after the social media platform blew past revenue expectations.

Amazon.com (AMZN) PT Raised to $3,500 at KeyBanc After Blowout Quarter

KeyBanc analyst Edward Yruma raised the price target on Amazon.com (NASDAQ: AMZN) to $3,500.00 (from $3,285.00) after 2Q retail performance was extraordinary with an increase of +41.9%. While AMZN incurred more than $4B in COVID-19-related expenses, the Company maintained profitability and even increased total operating... More

Amazon.com (AMZN) PT Raised to $3,700 at Wedbush

Wedbush analyst Michael Pachter raised the price target on Amazon.com (NASDAQ: AMZN) to $3,700.00 (from $3,500.00) while maintaining a Outperform rating.... More

Amazon.com (AMZN) PT Raised to $3,560 at BofA Securities

BofA Securities analyst Justin Post raised the price target on Amazon.com (NASDAQ: AMZN) to $3,560.00 (from $3,280.00) while maintaining a Buy rating.... More

Amazon.com (AMZN) PT Raised to $3,680 at Credit Suisse

Credit Suisse analyst Stephen Ju raised the price target on Amazon.com (NASDAQ: AMZN) to $3,680.00 (from $3,400.00) while maintaining a Outperform rating.... More

Amazon.com (AMZN) PT Raised to $3,700 at BMO Capital

BMO Capital analyst Daniel Salmon raised the price target on Amazon.com (NASDAQ: AMZN) to $3,700.00 (from $3,500.00) while maintaining a Outperform rating.... More

Edward Jones Reiterates Buy Rating on Amazon.com (AMZN), Remains on Stock Focus List

Edward Jones analyst Brian Yarbrough reiterated a Buy rating and {REMOVEPT} price target on Amazon.com (NASDAQ: AMZN).

For an analyst ratings summary and ratings history on Amazon.com... More

Amazon.com (AMZN) PT Raised to $4,000 at Deutsche Bank

Deutsche Bank analyst Lloyd Walmsley raised the price target on Amazon.com (NASDAQ: AMZN) to $4,000.00 (from $3,333.00) while maintaining a Buy rating.... More

European stocks suffer monthly decline as growth worries come to fore

By Sruthi Shankar

(Reuters) - European stocks posted their first monthly decline since a market selloff in March on Friday as growing doubts over a global recovery from the coronavirus crisis overshadowed a batch of strong earnings from technology firms.

The pan-European STOXX 600 index gave up early gains to close 0.9% lower, pressured by a weak open for Wall Street as optimism from stellar earnings reports from big tech names Amazon (NASDAQ: AMZN), Apple (NASDAQ: AAPL) and Facebook (NASDAQ:... More

Amazon.com (AMZN) PT Raised to $3,750 at Morgan Stanley

Morgan Stanley analyst Brian Nowak raised the price target on Amazon.com (NASDAQ: AMZN) to $3,750.00 (from $3,450.00) while maintaining a Overweight rating.... More

Amazon.com (AMZN) PT Raised to $4,075 at JMP Securities

JMP Securities analyst Ronald Josey raised the price target on Amazon.com (NASDAQ: AMZN) to $4,075.00 (from $2,850.00) while maintaining a Market Outperform rating.... More

Amazon.com (AMZN) PT Raised to $3,530 at Barclays

Barclays raised its price target on Amazon.com (NASDAQ: AMZN) to $3,530.00 (from $3,430.00) while maintaining a Overweight rating.... More

Amazon (AMZN) Tops Q2 EPS by $8.84, Offers Q3 Guidance

Amazon (NASDAQ: AMZN) reported Q2 EPS of $10.30, $8.84 better than the analyst estimate of $1.46. Revenue for the quarter came in at $88.9 billion versus the consensus estimate of $81.53 billion.

GUIDANCE:

Amazon sees Q3 2020 revenue of $87-93 billion, versus the consensus of $86.3... More