After downgrading Amazon, Wells Fargo says buy Microsoft stock

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 8/17/2026

1. SPY
2. EYPT
3. GNK
4. NVDA
5. AZN
6. SPCX
7. FNGR
8. PLUR
9. MOS
10. TSLA

Go back to After downgrading Amazon, Wells Fargo says buy Microsoft stock

DA Davidson on Amazon.com (AMZN): 'Relentless Pursuit of Edge in Retail Supply Chain'

October 10, 2024 5:52 AM EDT

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

The analyst comments "On trend with the past couple of quarters, Amazon is investing in their supply chain at a more typical rate post the Covid spike. MWPVL noted that Amazon has announced new fulfillment centers in San Jose along with a $450M center in Salinas. This also comes as the company is expanding their outbound delivery station footprint at a rate of roughly 50-60 stations a year, a trend that MWPVL is... More

Microsoft (MSFT) PT Lowered to $500 at Goldman Sachs

October 10, 2024 5:38 AM EDT

Goldman Sachs analyst Kash Rangan lowered the price target on Microsoft (NASDAQ: MSFT) to $500.00 (from $515.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating and lower our PT to $500 ($515 prior), largely due to slightly lower FCF expectations after raising FY26/FY27 AI CapEx estimates (minor changes in revenue reflecting the recent resegmenting announced by the company). As Azure capacity comes online and AI revenue continues to scale, we expect Microsoft... More

Amazon.com (AMZN) PT Lowered to $210 at Cantor Fitzgerald

October 9, 2024 7:17 AM EDT

Cantor Fitzgerald analyst Deepak Mathivanan lowered the price target on Amazon.com (NASDAQ: AMZN) to $210.00 (from $230.00) while maintaining a Overweight rating.

The analyst comments "Thoughts On 3Q: AMZNs 3Q24E results should come with revenues largely in-line, but EBIT slightly above... More