Amazon.com Announces First Quarter Sales up 28% to $29.1 Billion
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Amazon (AMZN) PT Raised to $785 at UBS Amid Accelerating Flywheel
April 29, 2016 8:07 AM EDTUBS analyst Eric Sheridan raised his price target on Buy-rated Amazon.com (NASDAQ: AMZN) to $785.00 (from $720.00) as 2016 begins with an accelerating flywheel (Prime + FBA).
Sheridan commented, "In early 2016, investors have feared multiple drivers of a renewed investment cycle by Amazon (Q4's fulfilment cost... More
Amazon (AMZN) PT Lifted to $780 at Baird Following 'Beat Across the Board'
April 29, 2016 7:54 AM EDTBaird analyst Colin Sebastian raised his price target on Outperform-rated Amazon.com (NASDAQ: AMZN) to $780.00 (from $710.00) following Q1 results which beat across the board.
Sebastian commented, "Revenue of $29.1B(+29% Y/Y ex-FX vs. +26% Y/Y 4Q15) and CSOI of $1.66B handily beat consensus($28B... More
Amazon (AMZN) PT Raised to $865 at Jefferies
April 29, 2016 7:23 AM EDTJefferies US Internet Team raised its price target on Amazon.com (NASDAQ: AMZN) to $865.00 (from $775.00) following strong Q1, with the Prime flywheel driving solid results.
The team commented, "Amazon reported another solid quarter with nice acceleration in revenue and unit growth. Guidance... More
Amazon (AMZN) PT Raised to $800 at RBC Capital
April 29, 2016 7:01 AM EDTRBC Capital analyst Mark Mahaney reiterated an Outperform rating and boosted his price target on Amazon.com (NASDAQ: AMZN) to $800.00 (from $715.00) in wake of Beat & Raise Q1 EPS results. He sees it as an Inflection Point Quarter.
Mahaney commented, "AMZN grew Q1 revenue 29% ex-FX to $29.1B, well ahead of the Street/RBC @$28B. Upside came from all three segments North... More
Amazon (AMZN) PT Raised to $810 at Mizuho Securities
April 29, 2016 6:48 AM EDTMizuho Securities analyst Neil Doshi reiterated a Buy rating and boosted his price target on Amazon.com (NASDAQ: AMZN) to $810.00 (from $685.00) following strong Q1 results.
Doshi commented, "After a 4Q miss and lower, sentiment was mixed going into the 1Q... More
Cowen Lifts PT on Amazon.com (AMZN) to $830 Following Strong Q1, Outlook
April 29, 2016 6:15 AM EDTCowen and Company lifts its price target on Outperform-rated Amazon.com (Nasdaq: AMZN) from $750 up to $830 following strong Q1 results and outlook issued Thursday night.
Analyst John Blackledge commented, Total revenue was $29.1BN, +28% y/y (+29% y/y x-FX), $1.1BN or... More
