Analysts: Amazon’s Guidance is Conservative and 3 Other Research Notes to Look Into
Amazon.com (NASDAQ:AMZN): Janney Capital finds Amazon’s Q2 margin guidance to be on the conservative side, and things that the company’s Q1 revenue growth was solid. It keeps a Buy rating on the shares.
Pacific Crest meanwhile thinks that Amazon’s mobile ecosystem has been gaining steam, and strong international sales are likely to improve in Q2. The firm recommends buying the stock.
Nabors Industries (NYSE:NBR): Cowen maintains a Buy rating, citing asset sales, debt reduction, and earnings that should bottom in the current quarter. Price target is set at $20.
Microsemi (NASDAQ:MSCC): Sterne Agee believes that the company’s results have likely already bottomed in Q1, and finds the risk/reward ratio attractive. It thinks that Microsemi is seeing bookings strengthen overall, and it keeps a Buy rating on the stock.
Parker–Hannifin (NYSE:PH): Stifel finds the company’s valuation compelling, and following solid Q1 results, it believes that the company’s orders appear to be bottoming out. It keeps a Buy rating on the shares.