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- S&P, Dow edge higher on Mideast deal hopes; SpaceX debut in focus
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- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
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DA Davidson on Amazon.com (AMZN): 'Relentless Pursuit of Edge in Retail Supply Chain'
October 10, 2024 5:52 AM EDTDA 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
Amazon.com (AMZN) PT Lowered to $210 at Cantor Fitzgerald
October 9, 2024 7:17 AM EDTCantor 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
