Amazon.com Inc. has become the go-to shopping site for many consumers during the COVID-19, including an increasing number of older customers, according to SunTrust Robinson Humphrey analysts. Amazon AMZN, -1.66% reported earnings late Thursday that nearly doubled year-over-year to $ 10.30 per share, with sales up 40% to $ 88.9 …
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Dollar General Inc. faces the same uncertainty that other retailers face from the coronavirus epidemic, but analysts say the discount seller is well-positioned to deal with the pandemic. “Dollar General remains a top pick, positioned for growth and defensiveness, and we reiterate our overweight rating,” wrote KeyBanc Capital Markets analysts …
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Shares of Tesla Inc. shot higher Monday, putting them on track to snap a sharp 5-day selloff, but Morgan Stanley analyst Adam Jonas suggested it was still too early for investors to jump in. Jonas reiterated the underweight rating he’s had on the stock since he downgraded it on Jan. …
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Dropbox shares are surging toward their best single-day performance on record on Friday as bulls say the stock has finally hit a turning point. The cloud-storage company initially got a warm reception from Wall Street when it came public in early 2018, but the stock has languished in recent months …
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Nvidia Corp.’s stock surged Friday as analysts practically wrote Valentine’s Day notes for the company and raised their price targets after the chip company barreled past expectations in data-center sales following a tough year of revenue declines. Nvidia NVDA, +8.30% stock surged to an intraday high of $ 294.40, and …
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Uber Technologies Inc. is ready to join the ranks of Facebook Inc., Amazon.com Inc., Netflix Inc., and Alphabet Inc.’s Google, one analyst said after the company’s latest earnings report. RBC Capital Markets analyst Mark Mahaney reiterated his view that FANGU was perhaps a better acronym for big internet companies than …
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