Amazon, WD-40, JPMorgan and Zillow rise premarket
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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 12, 2023 11:15 AM EDT
Microsoft (NASDAQ: MSFT)
The analyst comments "Today Microsoft announced the release of Entra Internet Access and Entra Private Access, effectively expanding into network security with SSE (Secure Service Edge), setting Microsoft up to more directly compete with PANW, ZS, NET, and... More
July 11, 2023 9:29 AM EDT
OTR Global Comments on Meta Platforms (NASDAQ: META)
Said to have commented positive on ad spending growth in Q2 2023...
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July 11, 2023 9:27 AM EDT
Morgan Stanley's Keith Weiss maintained Overweight-rated Microsoft (NASDAQ: MSFT) as a top pick at the firm in a note Tuesday following the firm's CIO survey.
Weiss, who maintained a $415 price target on the stock, told investors that Microsoft "appears uniquely well... More
