Amazon Literary Partnership Announces 2022 Grant Recipients

Cowen has 'a thesis that many primary-care VBC companies could be acquired by health insurers over the next several year'

Cowen analyst Gary Taylor comments "We have a thesis that many primary-care VBC companies could be acquired by health insurers over the next several years as they seek the benefits of vertical integration and seek to compete with bellwether UNHs OptumCare division. However, despite its recent Iora Medicare Advantage... More

Stifel Reiterates Buy Rating on Amazon.com (AMZN), Sees Deal Expanding Co's Reach and Services of Amazon Care

Stifel analyst Scott Devitt reiterated a Buy rating and {REMOVEPT} price target on Amazon.com (NASDAQ: AMZN).

The analyst comments "We believe this acquisition will help expand the reach and services offered by Amazon Care. Amazon recently expanded its virtual care services across the... More

Evercore ISI Reiterates Outperform Rating on Amazon.com (AMZN), Says Deal is 'strategically sensible'

Evercore ISI analyst Mark Mahaney reiterated an Outperform rating and $180.00 price target on Amazon.com (NASDAQ: AMZN).

The analyst comments "As a quick first pass, we view Amazons announced acquisition of One Medical (ONEM) for $3.9B (all cash) as strategically... More

Amazon (AMZN) Remains Top Pick at JPMorgan

Amazon (NASDAQ: AMZN) Remains Top Pick at JPMorgan.

Analyst Doug Anmuth comments "AMZN shares have traded down -26% YTD, underperforming the SPX down -17% YTD, as concerns have mounted around slower consumer spending & overall e-commerce. We trimmed estimates considering e-comm faces macro pressures... More

BofA Cuts Amazon (AMZN) Price Target On FX Pressure

Ahead of Amazon's (NASDAQ: AMZN) latest earnings release on July 28, analysts at BofA and Jefferies cut their price targets on the stock.

BofA analyst Justin Post reiterated a Buy rating but lowered the firm's price target from $188 to $168, telling clients in a research note that they are lowering 2022 and 2023 estimates to reflect recent FX pressure and the BofA outlook for a mild fourth quarter recession.

"Ex-FX, we expect meet/beat 2Q, as BAC aggregated credit and debit card data points to 2pts of... More