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StreetInsider.com Top Tickers, 6/11/2026
- Wall Street indexes fall more than 1%, hit by tech, Iran war worries
- Oracle results beat estimates, but shares fall on plans for $40 billion raise
- Oil prices jump after Trump threatens to hit Iran 'very hard'
- Oracle reports earnings today: Analysts say this metric could 'catalyze higher multiples'
- UBS sees generational semiconductor boom, highlights stock winners
- Needham Starts Hyliion Holdings (HYLN) at Buy
- Alibaba falls on China AI capex report; Citi says selloff is premature
- Crude Inventory Fell 7.2 Million Barrels Last Week, Says EIA
- Wall Street indexes fall more than 1%, hit by tech, Iran war worries
- UBS sees generational semiconductor boom, highlights stock winners
Evercore ISI Comments on Amazon.com (AMZN) Prime Day: 'Intrinsically Impressive 25% Unit Growth'
July 13, 2023 3:40 PM EDTEvercore 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
Target (TGT) risks may persist, says TD Cowen
July 11, 2023 10:44 AM EDTTarget'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
