Roth analyst Rohit Kulkarni upgraded his price target for Amazon to $155 from $130...
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Continue ReadingLone Pine Capital's 13F portfolio value increased from $10.48B to $10.80B in Q1 2023, with the number of holdings decreasing from 30 to 29. Read more here...
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Continue ReadingInvestors could hardly be more optimistic about Amazon (NASDAQ: AMZN) these days. The stock has gained nearly 50% so far in 2023, trouncing the rally in the wider Nasdaq Composite index. Wall Street pros keep raising their expectations, in part because of the declining risk that a recession will severely impact earnings over the next year or so...
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Continue ReadingFTC has filed a complaint against Amazon that it used a 'deceptive' web design to sign-up users for Prime subscription. Click here to see our take on AMZN stock...
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