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Evercore ISI analyst Mark Mahaney reiterated an Outperform rating and $190.00 price target on Amazon.com (NASDAQ: AMZN).
The analyst comments "Our View: Based on intra-quarter data points and our model sensitivity analysis, we view the Streets Q3 Revenue (+11% Y/Y and +5% Q/Q), Operating Income (implying 5.3% margin) and AWS Revenue (+12.5% Y/Y and 4% Q/Q) estimates as... More
In a note to clients this week, Morgan Stanley analysts assessed the potential size of the GPU IaaS opportunity for Alphabet (NASDAQ: GOOGL) and Amazon (NASDAQ: AMZN).
In the research note headed by analyst Brian Nowak, the investment bank said it believes GPU IaaS revenue could potentially be a meaningful driver of AWS (Amazon Web Services) and... More

