Stock futures point lower; budget stand-off warnings - what's moving markets

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Evercore ISI on Amazon.com (AMZN): 'We strongly reiterate our Outperform', 'compelling entry/adding opportunity'

September 27, 2023 5:03 PM EDT

Evercore ISI analyst Mark Mahaney reiterated an Outperform rating and $190.00 price target on Amazon.com (NASDAQ: AMZN)

The analyst comments "We strongly reiterate our Outperform rating and $190 PT. We believe the recent 15% correction in AMZN shares driven by a number of macro, market & company... More

Dow (DOW) upgraded at JP Morgan on attractive dividend

September 25, 2023 9:13 AM EDT

Shares of Dow (NYSE: DOW) gained 1.4% in pre-open trading Monday following an upgrade of the industrial conglomerate given its attractive dividend.

JP Morgan analyst Jeffrey Zekauskas lifted his rating on the stock to Overweight from Neutral while keeping his $55 price target, noting the stock offers a 5.6% dividend yield and reasonable valuation.

"We think the recent downward movement in equity... More