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The Amazon.com's (AMZN) "Outperform" Rating Reaffirm at RBC Capital Markets

14 November 2017

(The) reiterated their buy rating on shares of Amazon.com, Inc.

Amazon may reach the $1 trillion market value milestone in the next year, according to a top Wall Street firm. 2,179,900 shares of the company's stock traded hands, compared to its average volume of 3,549,393. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since November 13, 2016 and is uptrending. It has outperformed by 20.71% the S&P500. Odey Asset Management Group Ltd who had been investing in Franco Nevada Corp for a number of months, seems to be less bullish one the $15.60B market cap company. The Firm operates through two divisions: Passive Safety and Electronics. It has a 62.89 P/E ratio. The Passive safety products include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems, as well as passive safety electronic products, such as restraint electronics and crash sensors.

Investors sentiment decreased to 1.12 in 2017 Q2. It fall, as 64 investors sold AMZN shares while 542 reduced holdings. 153 funds opened positions while 670 raised stakes. The company had a trading volume of 2,179,900 shares, compared to its average volume of 3,549,393. (NASDAQ:AMZN). Gilman Hill Asset Mngmt Ltd Liability Co holds 0.13% or 299 shares.

Nowak shared his valuation methodology and key forecasts for each of Amazon's businesses to reach the $2,000 share price target. (NASDAQ:AMZN). 880 are held by Dodge Cox. (NASDAQ:AMZN). Grandeur Peak Glob Ltd Llc holds 0.14% of its portfolio in Amazon.com, Inc. Crosslink Capital accumulated 31,422 shares. Rafferty Asset Management Lc has 0.05% invested in Amazon.com, Inc. Following the completion of the transaction, the director now owns 18,460 shares in the company, valued at approximately $20,475,832. Linscomb And Williams has 2,680 shares. Atwood Palmer holds 0.07% or 431 shares. Stock Rose 15% in October" published on November 06, 2017 as well as Investorplace.com's news article titled: "Still Time for Amazon.com, Inc. Vaughan David Il invested 0.01% in Amazon.com, Inc. Its up 12.13% from 114.18M shares previously. Proshare Limited Liability Corp reported 175,503 shares stake. Sheets Smith Wealth Mgmt invested in 3,349 shares. 1ST Source Bank lifted its stake in shares of Amazon.com by 537.0% in the 1st quarter. Wright Ser holds 5,822 shares.

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Warburg Pincus Llc holds 4.2% of its portfolio in WEX Inc for 2.57 million shares. It also upped Weyerhaeuser Co (NYSE:WY) stake by 10,303 shares and now owns 17,522 shares. Genesis Healthcare Inc (SKH) was raised too. Zacks Investment Research cut Amazon.com from a "buy" rating to a "hold" rating in a report on Tuesday, November 7th. Therefore 94% are positive. (The) reaffirmed a "conviction-buy" rating and issued a $1,275.00 price target on shares of Amazon.com in a report on Wednesday, August 9th. The stock has "Buy" rating by Stifel Nicolaus on Friday, October 27. The firm has "Hold" rating given on Friday, August 21 by Vetr. The firm earned "Sector Performer" rating on Friday, August 26 by IBC. On Wednesday, September 28 the stock rating was reinitiated by Nomura with "Buy". Amazon.com has a twelve month low of $710.10 and a twelve month high of $1,135.54. (NASDAQ:AMZN) has "Overweight" rating given on Friday, February 3 by Morgan Stanley. Stifel Nicolaus has "Buy" rating and $750 target. Gilder Gagnon Howe And Company Ltd Llc invested 7.03% in Amazon.com, Inc. The company now has an average rating of Buy and an average price target of $1,142.08. The company was maintained on Friday, October 13 by BMO Capital Markets. Dundee Securities upgraded the shares of FNV in report on Thursday, December 8 to "Buy" rating. Nippon Life Investors Americas has invested 2.75% of its portfolio in Amazon.com, Inc. The e-commerce giant reported $0.52 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.09 by ($0.57). During the same quarter in the previous year, the business posted $0.52 EPS. AMZN's profit will be $944.47 million for 145.25 P/E if the $1.96 EPS becomes a reality.

Decatur Capital Management Inc decreased Dow Chemical Company (NYSE:DOW) stake by 14,771 shares to 144,356 valued at $9.11 million in 2017Q2.

Since May 15, 2017, it had 0 insider purchases, and 3 insider sales for $7.38 million activity. Kingdon Cap Mngmt Limited Liability has invested 0.35% in Amazon.com, Inc. 800 shares were sold by ALBERG TOM A, worth $800,000 on Tuesday, May 30. On Monday, May 15 Olsavsky Brian T sold $2.24 million worth of Amazon.com, Inc. The insider Jassy Andrew R sold 1,985 shares worth $1.90 million. (NASDAQ:AMZN). Sonata Gp Inc holds 1.53% in Amazon.com, Inc. (NASDAQ:AMZN) for 2,368 shares. Also, CEO Jeffrey A. Wilke sold 2,800 shares of the business's stock in a transaction that occurred on Tuesday, August 22nd.

Analysts await Autoliv Inc.

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Analysts await Cimarex Energy Co (NYSE:XEC) to report earnings on February, 21. Polaris Greystone Financial Group LLC lifted its stake in shares of Amazon.com by 6.3% in the 1st quarter.

Ratings analysis reveals 33% of WEX's analysts are positive. Parallax Volatility Advisers Limited Partnership has invested 0.08% of its portfolio in Amazon.com, Inc. The stock's average target of $101.75 is -17.32% below today's ($123.07) share price. GLPI was included in 4 notes of analysts from September 7, 2016. The stock of Autoliv Inc. The stock of Toronto-Dominion Bank (NYSE:TD) earned "Sector Perform" rating by RBC Capital Markets on Monday, March 13. (NYSE:ALV) earned "Neutral" rating by Robert W. Baird on Friday, October 28. The firm has "Outperform" rating given on Monday, August 24 by KBW. Benchmark maintained the shares of AMZN in report on Friday, July 29 with "Buy" rating. The rating was downgraded by Goldman Sachs to "Sell" on Wednesday, May 11.

Since May 15, 2017, it had 0 buys, and 1 insider sale for $586,200 activity. 1ST Source Bank now owns 4,198 shares of the e-commerce giant's stock valued at $3,722,000 after purchasing an additional 3,539 shares during the last quarter. Moreover, Folketrygdfondet has 1.61% invested in the company for 373,575 shares. Eagle Ridge Investment Management, a Connecticut-based fund reported 38,535 shares.

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