Several other research analysts have also weighed in on the company. Jefferies Group LLC set a $950.00 price target on Amazon.com and gave the company a “buy” rating in a research report on Thursday, December 1st.
Category: Goldman Sachs
One Chart Showing What Goldman Expects Trump to Accomplish This Year
Expectations that President Donald Trump will push through an investor-friendly fiscal stimulus package have helped boost equity markets to multiyear highs. Even a congressional address by the president that was light on details last week couldn’t prevent the Dow Jones Industrial Average sailing past 21,000 .
NetEase Inc (NTES) Upgraded to “Hold” at Vetr Inc.
The firm presently has a $294.49 price objective on the stock. Vetr ‘s price objective indicates a potential downside of 2.41% from the stock’s previous close.
Limited Edition Seiko Steve Jobs Watch
Or at least, a really good imitation of it. Thanks to a new partnership between Japanese watch maker Seiko and Tokyo-based retailer Nano Universe, you’ll be able to get your hands on a limited edition of Chariot series watches .
Chinese Developers Lead Asia Stocks Higher as Indian Shares Fall
Asian shares rose as Chinese property developers jumped on optimism, offsetting declines in India where the government unexpectedly signaled an end to an easing cycle. The MSCI Asia Pacific Index gained 0.3 percent as of 5:07 p.m. in Hong Kong, erasing an earlier decline.
Amazon.com, Inc. (AMZN) Given “Positive” Rating at Susquehanna Bancshares Inc
They currently have a $1,250.00 target price on the e-commerce giant’s stock. A number of other equities analysts have also recently issued reports on AMZN.
Trump’s $1 Trillion Plan May Buy Less Metal Than You Think
Anyone expecting more from the Donald Trump rally in metals should probably consider just how much $1 trillion in government spending will actually buy. That’s the amount the new U.S. president pledged to expand and rebuild American infrastructure like roads and airports over the next decade.
Amazon.com, Inc. (AMZN) Stock Rating Reaffirmed by Mizuho
‘s stock had its “buy” rating reaffirmed by analysts at Mizuho in a research note issued to investors on Tuesday. They currently have a $920.00 target price on the e-commerce giant’s stock.
Ant Financial, MoneyGram Deal Worth $880M
Ant Financial Services Group, a leader in China’s online payment industry, plans to buy U.S.-based MoneyGram International Inc. for about $880 million. “The combination will provide consumers in over 200 countries and territories with convenient and accessible financial services, which furthers Ant Financial’s mission to promote equal access to financial services globally,” Ant Financial, which is an affiliate of Chinese e-commerce firm Alibaba Group Holding Ltd., said in a news release .
Steel Demand Revival Hinges on Modi Roads-to-Rail Spending Push
A revival in India’s steel consumption from the weakest estimated growth in at least four years hinges on the government boosting spending on infrastructure, housing and road projects to absorb record output. Finance Minister Arun Jaitley will announce Feb. 1 higher outlays for national highways, rural roads, railways and low-cost housing, Goldman Sachs Group Inc. predicted in a Jan. 19 report.
U.S. Stocks Decline With Banks as Nasdaq Ends Seven-Day Streak
U.S. stocks declined as investors assessed President-elect Donald Trump’s comments on healthcare and imports during his first press conference since the election. Semiconductor shares retreated amid declines of 2.1 percent in Micron Technology Inc. and 3.9 percent for Advanced Micro Devices.
Amazon.com, Inc. (AMZN) Lifted to Buy at Vetr Inc.
The firm currently has a $830.99 price objective on the e-commerce giant’s stock. Vetr ‘s price objective suggests a potential upside of 4.00% from the stock’s current price.
Singapore’s Garena Said to Pick Goldman for $1 Billion IPO
Garena, Southeast Asia’s most valuable startup, picked Goldman Sachs Group Inc. to lead a planned initial public offering that could fetch about $1 billion, according to people with knowledge of the matter. The Singapore-based online gaming portal and e-commerce provider plans to select additional banks as soon as this month, the people said.
Who Owns Blockchain? Goldman, BofA Amass Patents for Coming Wars
In the headlong rush to revolutionize modern finance, blockchain enthusiasts are overlooking one potentially costly problem: their applications, built on open-source code, may actually belong to someone else. Recently, some of the biggest names in business, from Goldman Sachs to Bank of America and Mastercard, have quietly patented some of the most promising blockchain technologies for themselves.
BlackRock Cuts Fees on ETFs as Price War Moves to Smart Beta
BlackRock Inc., the world’s largest asset manager, is cutting expenses on six smart beta exchange-traded funds as competition heats up to win investors in a growing market. BlackRock is lowering fees for the ETFs by as much as 20 basis points, according to Securities and Exchange Commission filings.
Oil Rises as Output Cuts Seen Curbing Glut, Dollar Rally Stalled
Oil rose for the first time in three days after the dollar’s advance stalled and attention shifted back to projected production cuts. Futures rose 2 percent in New York.
Goldman Sachs has named a tatted-up former tech exec to a key role
There has been a shake-up in the ranks at Goldman Sachs, and a tatted-up former tech exec has been handed a key role. The US bank named David Solomon and Harvey Schwartz as co-chief operating officers for the bank, replacing longtime COO Gary Cohn , according to an announcement on Wednesday .
Trump deepens Goldman ties as he builds out economic team
Trump is expected to pick Cohn to lead the White H… Early plans call for American hero-astronaut John Glenn to lie in state in Ohio’s capitol building preceding a celebration of his life of military and government service and two history-making voyages into space. American hero-astronaut John Glenn will lie in state in Ohio’s capitol building preceding a celebration of his life of military and government service and two history-making voyages into space.