DA Davidson Starts Amazon.com (AMZN) at Buy
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January 4, 2024 3:25 PM EST
Deutsche bank released their Top 10 financial ideas for 2024, noting investor concern surrounding the stability of the overall economy as well as raised interest rates, inflation, and pricing competition. However, Fintech stocks experienced a notable upturn in the final two months of 2023, fueled by optimism for a gradual recovery and an imminent bounce back.
We believe that leading fintech players are well positioned to outperform in most economic environments given their resilient business models that benefit from both PCE and secular tailwinds, writes Deutsche Bank analysts in a note.
Volume recovery
Deutsche Bank is... More
January 3, 2024 4:16 PM EST
Mizuho Securities analyst James Lee raised the price target on Amazon.com (NASDAQ: AMZN) to $220.00 (from $180.00) while maintaining a Buy rating.
The analyst comments "Our deep dive into Amazons key metrics gives us incremental confidence in the outlook for FY24. For AWS, we... More
