Amazon.com to Webcast First Quarter 2024 Financial Results Conference Call

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Amazon (AMZN) Earlier Said To Receive Comment at Channel Check Firm

April 18, 2024 9:30 AM EDT

Amazon (NASDAQ: AMZN) Earlier Said To Receive Comment at Channel Check Firm.

"Advertisement yy spending growth on Amazon accelerated slightly during 1Q24, fueled by strong performance in search and incremental adoption of Amazon's DSP."... More

Needham & Company reiterates Buy rating on Amazon (AMZN), raises estimates

April 18, 2024 9:23 AM EDT

On Thursday, Needham & Company reaffirmed its buy rating on Amazon (NASDAQ: AMZN) and maintained its price target on the stock at $205. The firm has increased its profit estimates for the e-commerce giant for fiscal year 2024 (FY24), citing a shareholder letter from CEO Andy Jassy, which indicated a focus on cost-cutting measures in Amazon's inbound fulfillment and inventory placement.

Needham has maintained its... More

DA Davidson on Amazon.com (AMZN): 'Room to Grow Margins on the Retail Side'

April 17, 2024 3:54 PM EDT

DA Davidson analyst Gil Luria reiterated a Buy rating and $235.00 price target on Amazon.com (NASDAQ: AMZN).

The analyst comments "Earlier today, we hosted Marc Wulfraat, President and Founder of MWPVL International, for an updated look into Amazon's supply chain as of the most recent quarter, including comparisons to comparable supply chain's of Walmart and Target. Our discussion centered around new project announcements from... More