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Amazon.com (AMZN) PT Raised to $230 at MoffettNathanson

April 22, 2024 6:21 AM EDT

MoffettNathanson analyst Michael Morton raised the price target on Amazon.com (NASDAQ: AMZN) to $230.00 (from $228.00) while maintaining a Buy rating.

The analyst comments "With Amazons FY24 consensus EBIT estimates revised +60% higher in the last twelve months and the equity +64% vs. S&P +20%, one would be forgiven for thinking all the juice has been squeezed. Our forecasts suggest theres more. Whats the basis of... More

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