Amazon.com, Inc. (AMZN) was reiterated a ‘Buy’ by Axiom Capital analysts on Monday. The broker also raised its price target on the stock to $797 from $727, noting the name is a core holding in both tech and retail, and given its growing video and music offerings, media investors should take a hard look at the e-commerce giant in 2016 and consider owning the stock.
Alphabet Inc. (GOOGL) was reiterated as ‘Buy’ with a $1,000 from $900 price target on Monday by Axiom Capital.
Alphabet Inc. Cl A shares are currently priced at 32.94x this year’s forecasted earnings, compared to the industry’s 9.02x earnings multiple. Ticker has a forward P/E of 22.90 and t-12 price-to-sales ratio of 7.34. EPS for the same period is $23.72.
In the past 52 weeks, shares of Mountain View, California-based search giant have traded between a low of $490.91 and a high of $793.05 and are now at $781.40.
Shares are up 42.63% year-over-year and 44.32% year-to-date.
Eli Lilly and Company (LLY) rating of ‘Outperform’ was reiterated today at Leerink Partners with a price target increase of $95 from $93 (versus a $85.85 previous close).
NIKE, Inc. (NKE) rating of ‘Buy’ was reiterated today at DA Davidson with a price target increase of $77 from $75.
NKE shares have declined 4.41% in the last 4 weeks while advancing 1.33% in the past three months. Over the past 5 trading sessions the stock has lost 2.96%.
Beaverton, Oregon-based company, currently valued at $108.43 billion, has a median Wall Street price target of $73.50 with a high target of $100.00. Nike Inc. is up 32.62% year-over-year, compared with a 1.33% loss in the S&P 500.