Walmart's low price promise in focus after Amazon's warning
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William Blair Reiterates Outperform Rating on Amazon.com (AMZN)
August 2, 2024 7:02 AM EDTWilliam Blair analyst Dylan Carden reiterated an Outperform rating on Amazon.com (NASDAQ: AMZN).
The analyst comments "Missing revenue and guiding lower, even modestly, is a tough look in the current market, although we believe it is an increasingly understandable position looking at recent earnings. What is more, we... More
Susquehanna Reiterates Positive Rating on Amazon.com (AMZN)
August 2, 2024 6:02 AM EDTSusquehanna analyst Shyam Patil reiterated a Positive rating and $220.00 price target on Amazon.com (NASDAQ: AMZN).
The analyst comments "2Q fine overall. Revenue of $148b grew 11% y/y ex-FX, decelerating two points vs. 1Q, and was 1% above our estimate but a touch below consensus. Online stores revenue grew 6% y/y ex-FX, 1% above our estimate but 1% below consensus. Paid units were up 11% y/... More
