U.S. stocks are rising as investors await inflation report
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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 10:44 AM EDT
Target's (NYSE: TGT) price target was cut to $166 from $200 at TD Cowen on Tuesday, with analyst Oliver Chen also lowering estimates for the company.
The analyst, who maintained an Outperform rating on the stock, told investors that risks for the retailer may... More
