Amazon.com (AMZN) PT Raised to $230 at Truist Securities
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- Sanuwave cuts Q2 2026 revenue guidance amid Ultramist sales pressure
Amazon a top pick at Bernstein ahead of eCommerce earnings
July 22, 2024 11:00 AM EDTAs the eCommerce earnings season approaches, Bernstein has identified Amazon (NASDAQ: AMZN) as its top pick, citing the company's operational income (OI) inflection. Bernstein analysts emphasize the need for growth in the eCommerce sector, noting that while Amazon shows promise, other companies struggle to gain momentum.
"We've been here before," says Bernstein, reflecting on the familiar mixed data landscape for eCommerce. They note that US eCommerce grew approximately 7% year-over-year in... More
