Analysts: Amazon Is Set Up Favorably for Fourth Quarter and 3 More Research Notes to Check Out Inc. (NASDAQ:AMZN): Bank of America Merrill Lynch said Amazon is setting up favorably into the fourth quarter due to easier comps, potential media growth acceleration, and the fourth-quarter hiring ramp; the firm expects an in-line third quarter, maintains its Buy rating, and raised the price target for Amazon stock to $365 from $325.


Whole Foods Market Inc. (NASDAQ:WFM): Sterne Agee recommends staying long on Whole Foods despite the great run in shares following checks that indicate solid comp trends, favorable lateral reads for the group, strong traffic, and gross margin confidence; the firm reiterates its Buy rating and raised its price target on Whole Foods to $71 from $61.


Advanced Micro Devices Inc. (NYSE:AMD): Bernstein downgraded AMD to Underperform from Market Perform; the firm said AMD’s core business is in severe decline and that its competitive position is eroding. The firm lowered its price target for the shares to $2.50 from $3.


Honeywell International Inc. (NYSE:HON): Bernstein believes that Honeywell reported “lackluster” results for the third quarter. However, the firm thinks Honeywell’s selloff was overdone in light of the company’s strong performance in areas other than space and defense; Bernstein keeps an Outperform rating on the shares.


Don’t Miss: Top 8 Online Giants Attracting Massive Web Traffic.