Amazon (AMZN) target lifted as 'harvest mode' expected to support stock outperformance - Jefferies

Amazon (AMZN) shutting down UK insurance store following internal review

Amazon (NASDAQ: AMZN) announced this week that it will be closing its UK insurance store around 15 months after it first launched.

The decision follows an internal review. The Amazon Insurance Store was opened for UK customers as a way to shop... More

Amazon.com (AMZN) PT Raised to $190 at Jefferies as 'Harvest Mode Drives Outperformance'

Jefferies analyst Brent Thill raised the price target on Amazon.com (NASDAQ: AMZN) to $190.00 (from $175.00) while maintaining a Buy rating.

The analyst commented: "Inflecting AWS growth and continued margin improvement should support the next leg of outperformance for AMZN. In Q4, we expect... More

Amazon (AMZN) and these 7 stocks are high-conviction earnings calls at Morgan Stanley

Morgan Stanley sees Amazon (NASDAQ: AMZN) and seven other stocks as high-conviction upside earnings calls, analyst Michelle Weaver revealed in a note to clients this week.

According to the investment bank, the 4Q results of Amazon, alongside BellRing Brands (NYSE: BRBR), Cboe Global Markets (NYSE: CBOE), IDEXX Labs (NASDAQ: IDXX), NOV Inc (NYSE: NOV), SBA Communications (NASDAQ: SBAC), Tenable... More

Amazon.com (AMZN) PT Raised to $185 at Telsey, 'Expect Solid 4Q23 Results'

(Updated - January 24, 2024 5:26 AM EST)

Telsey analyst Joseph Feldman raised the price target on Amazon.com (NASDAQ: AMZN) to $185.00 (from $165.00) while maintaining a Outperform rating.

The analyst comments "We are raising our 4Q23 and 2024 estimatesreflecting a solid anticipated 2023 holiday season, including the good early start related to Prime Big Deal Days in October, gains from... More

Netflix shares surge premarket as subscriber growth soars

(Updated - January 24, 2024 7:24 AM EST)

Investing.com -- Netflix (NASDAQ: NFLX) shares surged in premarket U.S. trading on Wednesday after a slate of popular programming helped the streaming giant add far more paying subscribers in the fourth quarter than Wall Street had expected.

The company signed up a robust 13.12 million users during the three months ended on Dec. 31, a 71% surge compared to the year-ago period and markedly above analyst estimates of about 8.9 million, as viewers tuned in for the series finale of "The Crown" and "Squid Game: The Challenge",... More

Netflix, WWE ink long-term partnership worth over $5 billion

Investing.com -- Netflix has agreed to a more than $5 billion, 10-year rights deal with WWE to bring the pro wrestling promotion's flagship weekly program to the streaming service, according to a joint statement on Tuesday.

The companies said that Netflix (NASDAQ: NFLX) will become the "exclusive new home" of WWE's "Raw" event in several territories, including the U.S., U.K., and Canada. "Raw," a blend of scripted content... More