Needham&Company initiates coverage of internet stocks: Starts eBay, Etsy at Buy
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BTIG Reiterates Neutral Rating on Beyond Inc. (BYON)
October 25, 2024 5:23 AM EDTBTIG analyst Marvin Fong reiterated a Neutral rating on Beyond Inc. (NYSE: BYON).
The analyst comments "BYON shares sank 30% in today's session on the heels of a disappointing earnings report, sending enterprise value under $120MM. While we'll get into 3Q results later, we turn to the analyst event that BYON held earlier today to outline its strategic vision going forward. Management covered a lot of ground regarding the strategic vision but the highlights, in our view, were 1) datapoints showing meaningful contribution margin improvement from bringing SKUs with high... More
eBay (EBAY) PT Raised to $70 at Bernstein SocGen Group
October 25, 2024 5:21 AM EDTBernstein SocGen Group analyst Nikhil Devnani raised the price target on eBay (NASDAQ: EBAY) to $70.00 (from $60.00) while maintaining a Market Perform rating.
The analyst comments "After lagging in 2022 and 2023, EBAYs stock has had an impressive 2024, up 46% YTD vs. the S&P500 up 22%. Consensus 2025 EPS estimates are up 10% YTD, but multiple expansion has been the... More
BofA Securities on Amazon.com (AMZN): 'AWS growth and opportunity to support stock'
October 24, 2024 5:50 AM EDTBofA Securities analyst Justin Post reiterated a Buy rating and $210.00 price target on Amazon.com (NASDAQ: AMZN)
The analyst comments "We expect a mixed 3Q, retail in line and AWS beat, with some possible pressure on 3P fees. Near-term, Street guidance... More
BofA Securities on Amazon.com (AMZN) New Fuel Benefits Through Prime
October 23, 2024 1:32 PM EDTBofA 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
