Wall Street analysts see upside in stocks like Amazon ahead of earnings

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

New for subscribers: Wall Street analysts see upside in stocks like Amazon ahead of earnings Check out CNBCPro for a free trial.

Goldman raised its price target on the stock to a Street high and said the company represents the best risk/reward in the internet sector.

"While the stock has outperformed significantly, we believe the market continues to underestimate the long term value of theplatform as the leader in both the movement of retail online and compute into the cloud, the realization of which is being accelerated by the current crisis along with consumer and enterprise adoption. Therefore, we continue to believe Amazon represents the best risk/reward in the Internet sector and remain Buy-rated .

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Pro It’s a $1.2 trillion company trading with a multiple of over 100.... at what point does that get stupid? If Amazon gets the implied revenue growth in current pricing, the justice dept will break it up due to a concentration of power. Negative synergy will happen.

Pro Gee, the average person wouldn't be able to predict there would be an upside in a stock such as Amazon. Those analysts must be rock scientists!

Pro The true roadmap of Capitalism leads to Fascism. US has proved that repeatedly since 1980. Small business owners realize that now also.

Pro 5 ways prayer can change your reality.(video)

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Here's what every major Wall Street analyst is predicting for Netflix earnings after the bellNew for subscribers: Here's what every major Wall Street analyst is predicting for Netflix earnings after the bell Check out CNBCPro for a free trial.
La source: CNBC - 🏆 12. / 72 Lire la suite »