BofA Cuts Amazon (AMZN) Price Target On FX Pressure

Cowen has 'a thesis that many primary-care VBC companies could be acquired by health insurers over the next several year'

Cowen analyst Gary Taylor comments "We have a thesis that many primary-care VBC companies could be acquired by health insurers over the next several years as they seek the benefits of vertical integration and seek to compete with bellwether UNHs OptumCare division. However, despite its recent Iora Medicare Advantage... More

Stifel Reiterates Buy Rating on Amazon.com (AMZN), Sees Deal Expanding Co's Reach and Services of Amazon Care

Stifel analyst Scott Devitt reiterated a Buy rating and {REMOVEPT} price target on Amazon.com (NASDAQ: AMZN).

The analyst comments "We believe this acquisition will help expand the reach and services offered by Amazon Care. Amazon recently expanded its virtual care services across the... More

Evercore ISI Reiterates Outperform Rating on Amazon.com (AMZN), Says Deal is 'strategically sensible'

Evercore ISI analyst Mark Mahaney reiterated an Outperform rating and $180.00 price target on Amazon.com (NASDAQ: AMZN).

The analyst comments "As a quick first pass, we view Amazons announced acquisition of One Medical (ONEM) for $3.9B (all cash) as strategically... More

Amazon (AMZN) Remains Top Pick at JPMorgan

Amazon (NASDAQ: AMZN) Remains Top Pick at JPMorgan.

Analyst Doug Anmuth comments "AMZN shares have traded down -26% YTD, underperforming the SPX down -17% YTD, as concerns have mounted around slower consumer spending & overall e-commerce. We trimmed estimates considering e-comm faces macro pressures... More

UPDATE: Amazon (AMZN) PT Lowered to $168 at BofA, Remains Bullish on 'Depressed Profits and Valuation'

(Updated - July 20, 2022 7:49 AM EDT)

BofA Securities analyst Justin Post lowered estimates and the price target on Amazon.com (NASDAQ: AMZN) to $168.00 (from $188.00) while maintaining a Buy rating ahead of earnings. While the consumer outlook is cloudy, they remain positive on depressed... More

UPDATE: Amazon.com (AMZN) PT Lowered to $150 at Jefferies, Remains Franchise Picks

(Updated - July 20, 2022 4:29 AM EDT)

Jefferies analyst Brent Thill lowered the price target on Amazon.com (NASDAQ: AMZN) to $150.00 (from $163.00) while maintaining a Buy rating.

The analyst comments "We see AMZN returning to outperformance in 2H22 as top-line accelerates and profit... More

Amazon (AMZN) to Introduce Redesigned Prime Video App - Bloomberg

Amazon (NASDAQ: AMZN) to Introduce Redesigned Prime Video App - Bloomberg