BofA Securities Reiterates Buy Rating on Amazon.com (AMZN)

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BofA Securities on Amazon.com (AMZN) New Fuel Benefits Through Prime

October 23, 2024 1:32 PM EDT

BofA Securities analyst Justin Post reiterated a Buy rating and $210.00 price target on Amazon.com (NASDAQ: AMZN).

The analyst comments "Fueling up for more Prime benefits Amazon Prime members can now save $0.10 per gallon at approx. 7,000 BP, Amoco, and ampm locations in the US. Amazon estimates that Prime members could save an average of $70/yr. Prime members must activate their Amazon... More

This storage stock is the new Best Idea at Guggenheim

October 17, 2024 5:00 PM EDT

In a note to clients published Wednesday, Guggenheim has elevated a storage stock to its Best Idea rating.

The firms analysts have updated their estimates for the structure and size of a potential hyperscaler design win for Pure Storage (NYSE: PSTG), a data storage hardware and software maker.

It also raised its price target for the stock from $72 to $93.

We continue to believe that Pure will announce a deal with a top 4 hyperscaler in coming months, worth at least $3B in aggregate value (were assuming over 5 years, while a longer... More

Active options: LCID AMZN NIO MU BABA MARA PLTR META MSTR HOOD AFRM

October 17, 2024 12:11 PM EDT

Active options: LCID AMZN NIO MU BABA MARA PLTR META MSTR HOOD AFRM

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Amazon (AMZN) AWS Says NVIDIA (NVDA) Blackwell Online Early Next Year - Bloomberg

October 17, 2024 11:38 AM EDT

Amazon (NASDAQ: AMZN) AWS Says NVIDIA (NASDAQ: NVDA) Blackwell Online Early Next Year - Bloomberg

Amazon Says Will Have First Production Quantities Of New Chip... More