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- Wall St indexes advance with boost from chips, Iran optimism
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- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
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Amazon.com (AMZN) PT Lowered to $125 at Benchmark
October 28, 2022 6:26 AM EDTBenchmark analyst Daniel Kurnos lowered the price target on Amazon.com (NASDAQ: AMZN) to $125.00 (from $160.00) while maintaining a Buy rating.
The analyst comments "Shares of Amazon (AMZN: Buy, PT from $160 to $125) initially plunged over 20% after hours following a largely in-line 3Q print but a shocking 4Q holiday revenue guide. Despite all the recent optimism from credit card companies, the travel sector and early... More
RBC Capital First Take on Amazon.com (AMZN) Q3 2022 Earnings
October 27, 2022 4:46 PM EDTRBC Capital analyst Brad Erickson reiterated an Outperform rating and $175.00 price target on Amazon.com (NASDAQ: AMZN).
The analyst comments "AMZN reported Q3 revenue in-line with the Street ($127.1B vs. Street at $127.4BE) and EPS above (+$0.28 vs. Street at +$0.22E) but... More
