10 Amazon Analysts Assess Q2 Earnings: Strong AWS Growth, Retail Challenges
10 Amazon Analysts Assess Q2 Earnings: Strong AWS Growth, Retail Challenges
10位亞馬遜分析師評估Q2收益:AWS增長強勁,零售業面臨挑戰
Shares ofAmazon.com Inc(NASDAQ:AMZN) tanked in early trading on Friday, after the company reporting mixed second-quarter results.
The results came amid an exciting earnings season. Here are some key analyst takeaways.
Piper Sandler OnAmazon
Analyst Thomas Champion reiterated an Overweight rating, while reducing the price target from $220 to $215.
Amazon reported a mixed quarter, with revenues of $148 billion, up 10% year-on-year, Champion said in a note. "AWS is solidly in re-acceleration mode with growth at 19% and exceeding the Street outlook," he added.
The analyst stated, however, that the company's retail revenues were light...
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