Dow futures edge higher; Bullard the latest Fed official to speak
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July 13, 2023 3:40 PM EDT
Evercore ISI analyst Mark Mahaney reiterated an Outperform rating and $150.00 price target on Amazon.com (NASDAQ: AMZN).
The analyst comments "Our View: We estimate that Amazon generated approx. $11.9B in GMV and $6.2B in Revenue over its two-day Prime Day shopping holiday, accounting for 4-5% of our Q3 AMZN Revenue estimate. We view these results as modestly better than we would have assumed (vs. the past two years of mgmt. disclosures of 400bps contribution to Revenue). Reit Outperform & $150 PT. AMZN remains one of our top Large Cap Net... More
July 11, 2023 8:21 AM EDT
The Apple (NASDAQ: AAPL) price target was raised to $200 from $180 at KeyBanc on Tuesday, with the firm maintaining an Overweight rating on the stock.
However, despite the long-term bullish view, analyst Brandon Nispel told investors that KeyBanc is still neutral... More
July 11, 2023 8:00 AM EDT
Amazon (NASDAQ: AMZN) was added to Wells Fargo's Signature Picks list in a note Tuesday, with analyst Ken Gawrelski reiterating an Overweight rating and $159 price target on the stock.
In its second-quarter preview note of the tech giant, Wells Fargo said that Amazon... More
