Market Overview

Morgan Stanley Reiterates Overweight Rating, $325 PT on Amazon.com

Share:
Related AMZN
Netflix Spikes On Takeover Chatter
Holiday Hiring: Jingling All The Way To Your Wallet
World's Biggest Retailers Fighting for a Piece of Indian E-Commerce (GuruFocus)

In a report published Wednesday, Morgan Stanley reiterated its Overweight rating and $325.00 price target on Amazon.com (NASDAQ: AMZN).

Morgan Stanley noted, “CSOI materially outperformed expectations despite a CQ4:12 Net Sales miss and a weaker than expected Net Sales guide for CQ1:13. Amazon.com is driving lower unit variable costs through fixed cost fulfillment investments, and we expect greater seasonality in CSOI margins going forward.”

Amazon.com closed on Tuesday at $260.35.

Latest Ratings for AMZN

DateFirmActionFromTo
Sep 2016JMP SecuritiesMaintainsMarket Outperform
Sep 2016Guggenheim SecuritiesInitiates Coverage onBuy
Sep 2016Maxim GroupMaintainsBuy

View More Analyst Ratings for AMZN
View the Latest Analyst Ratings

Posted-In: Morgan StanleyAnalyst Color Reiteration Analyst Ratings

 

Related Articles (AMZN)

View Comments and Join the Discussion!