Google near deal to acquire cybersecurity startup Wiz for $23 billion - WSJ

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Microsoft (MSFT) stock target hiked at BofA on Azure strength

July 17, 2024 8:11 AM EDT

Bank of America raised its price target for Microsoft (NASDAQ: MSFT) stock to $510 from $480 in a note Wednesday, citing robust performance in the company's Azure cloud services and early traction with its new Copilot feature.

"Channel commentary [is] consistent with a healthy Q3," notes BofA, with most Microsoft partners tracking above or in line with expectations ahead of the Q2FY24 results, which will be reported on July 30.

The... More

Alphabet (GOOGL) PT Raised to $206 at BofA Securities

July 17, 2024 6:20 AM EDT

BofA Securities analyst Justin Post raised the price target on Alphabet (NASDAQ: GOOGL) to $206.00 (from $200.00) while maintaining a Buy rating.

The analyst comments "Alphabet is the first in the Online media group to report (on 7/23), and we expect results to set a... More

Alphabet (GOOGL) PT Raised to $215 at Argus

July 16, 2024 7:20 AM EDT

Argus analyst Joseph Bonner raised the price target on Alphabet (NASDAQ: GOOGL) to $215.00 (from $200.00) while maintaining a Buy rating.

The analyst comments "We are maintaining our BUY rating on GOOGL and raising our target price to $215 from $200. Alphabet remains an advertising juggernaut despite possible serious... More

Amazon Prime Day preview: Discounts starting earlier

July 15, 2024 9:00 AM EDT

Amazon's (NASDAQ: AMZN) upcoming Prime Day, set for July 16 to 17, promises to be a shopping spectacle featuring "millions" of deals across 35+ categories, according to a note from Bank of America.

While the two-day event will offer deep discounts on a wide range of products, including exclusive deals on high-demand items like Sony headphones and Peloton products, the bank says the real story might be the early bird deals.

Bank of... More

BofA Securities Previews Amazon.com (AMZN) Prime Day, 'Discounts starting earlier, and broader, than prior years'

July 15, 2024 6:31 AM EDT

BofA Securities analyst Justin Post reiterated a Buy rating and $220.00 price target on Amazon.com (NASDAQ: AMZN).

The analyst comments "In our view, this years press release was more focused on early access deals and discounted services than last year,... More