Analysts: Amazon Results Will Be In-Line and 3 More Research Notes to Explore (NASDAQ:AMZN): Goldman Sachs expects to report an in-line second quarter of $15.7 billion in revenues, with modest upside to gross and CSOI margin expectations at AWS growth. Additionally, Goldman expects high end of guidance to match consensus due to improving e-commerce trends and favorable comps offsetting FX headwinds. The shares are Buy rated with a $325 price target.


ARM Holdings (NASDAQ:ARMH): Bank of America Merrill Lynch continues to recommend ARM Holdings ahead of its July 24 second-quarter report, as it believes second-quarter PD royalty revenues could come in in between $117 million and $134 million versus the consensus of $119 million, while data also suggest a third-quarter upside. It rates the shares at Buy.


SodaStream (NASDAQ:SODA): Oppenheimer has downgraded shares of SodaStream to Perform from Outperform, citing valuation concerns and expectations for “choppy” second-quarter results due to tough comparisons.


Target (NYSE:TGT): Deutsche Bank downgraded Target to Hold from Buy citing valuation, as it believes that expectations are already factoring in improved performance. The firm keeps a $74 price target for shares.


Don’t Miss: Analysts: Processor Testing Fudged to Give Intel Advantage.