Citigroup lowered its price target for Amazon.com, Inc. (NASDAQ:AMZN) shares to $414 after the company’s Q2 sales guidance came in below its expectations at the mid-point. Citi keeps a Buy rating on the stock. Amazon was also downgraded to Outperform from Strong Buy at Raymond James.
Analysts have a consensus price target of $417 on Amazon.com, Inc. (NASDAQ:AMZN) which indicates a 26% upside. The consensus rating of the stock is a BUY with a score of 2.74. There are currently 6 Hold Ratings, 25 Buy ratings, 1 Strong Buy ration and 2 Sell ratings on the stock.
A recent analyst action consisted of Argus upgrading the stock from Hold to Buy with a $480 price target on the stock.
Deutsche Bank upgraded Landstar System, Inc. (NASDAQ:LSTR) to Buy with a $70 price target citing improving fundamentals and the company’s buyback potential following its Q1 results.
Tesla Motors Inc(NASDAQ:TSLA) has seen short production capacity relative to its growing global demand, reports DigiTimes. According to Taiwan-based supply chain makers, existing component suppliers are willing to set up factories in China to jointly tap the Chinese market.
Analysts have a consensus price target of $214 on Tesla Motors Inc(NASDAQ:TSLA) which indicates a 1.4% upside. The consensus rating of the stock is a HOLD with a score of 2.47. There are currently 6 Buy ratings, 10 hold ratings and 1 strong buy rating on the stock.
A recent analyst action consisted of Baird reiterating their Buy rating on April 7th 2014.
Netflix Inc., (NASDAQ:NFLX) has reached a deal a with small Quincy, Mass cable operator Atlantic Broadband to integrate its streaming service by way of an app on TiVo (TIVO), says the Wall Street Journal. Atlantic Broadband, which serves about 230,000 customers, provides its customers with a TiVo set top box, added the Wall Street Journal.
Analysts have a consensus price target of $378.71 on Netflix Inc., (NASDAQ:NFLX) which indicates a 1.58% upside. The consensus rating of the stock is a HOLD with a score of 2.30. There are currently 23 Hold Ratings, 4 sell ratings and 15 Buy ratings on the stock.
The most recent analyst action consisted of Jeffries reiterating their underweight rating and price target of $300.
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