Amazon (AMZN) Earnings Preview: Expect a Q3 Beat on EPS and Revenue - Telsey Advisory Group
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Goldman Sachs Defending Amazon.com (AMZN), 'we see AMZN increasingly as a compelling'
October 28, 2021 4:48 PM EDTGoldman Sachs analyst Eric Sheridan reiterated a Buy rating and $4,250.00 price target on Amazon.com (NASDAQ: AMZN).
The analyst comments "We expect investors to have a muted reaction to Amazon's Q3 21 earnings report as key issues likely remain in terms of framing the overall online eCommerce environment and the costs needed to emphasize... More
Amazon bulks up shipping capacity to battle holiday season snarls
October 25, 2021 11:46 AM EDT(Reuters) - Amazon.com Inc said on Monday it had doubled its container processing capacity and secured more shipping storage from ocean freight carriers to try to overcome supply chain bottlenecks in time for the holiday shopping season.
The stop-and-start nature of the COVID-19 pandemic has snarled global... More
Higher Level of Fulfillment and Shipping Expenses Push Credit Suisse to Cut Price Target on Amazon (AMZN) by Over 10%
October 22, 2021 10:23 AM EDTCredit Suisse analyst Stephen Ju slashed the price target on Amazon (NASDAQ: AMZN) to $4,200 from the prior $4,700 on the higher level of fulfillment and shipping expenses.
The lower PT reflects lower 21/22 EPS estimates - now $70.98/$79.83 vs $80.85/$118.39 prior.
Following the wage hike for fulfillment center employees which was pulled forward to 2Q21, Amazon announced incremental compensation increases... More
