Analysts: Amazon Will Benefit from Expansion and Margins and 3 More Research Notes to Check Out
Amazon.com (NASDAQ:AMZN): Following Amazon’s weaker-than-expected second quarter results, Benchmark Co. expects the company to benefit from international expansion and margin increases going forward. The firm raised its price target on the shares to $350 from $330 and keeps a Buy rating on the stock.
Under Armour (NYSE:UA): Canaccord says Under Armour is executing at a high level across all categories and channels, and given the slate of new product intros for the second half of the year, it does not see the top-line momentum slowing. The firm also views its guidance as conservative on both sales and gross margin, which should lead to continued beats through 2013, and rates the shares a Buy.
Edwards Lifesciences (NYSE:EW): Canaccord anticipates sales of Edwards’s SAPI device to exceed expectations in the second half of the year and thinks that the company reported solid second-quarter results. The firm keeps a Buy rating on the shares.
GNC Holdings (NYSE:GNC): Wells Fargo has increased its price target on GNC to $60-$63 from $50-$54 after the company reported better-than-expected results. The firm thinks the company is poised to deliver strong second half and 2014 results and it keeps an Outperform rating on the shares.