UBER - Amazon Is A Buy: Analyst Highlights E-Commerce Leadership Retail Profitability AWS Growth As Catalysts | Benzinga
Seaport analyst Aaron Kessler initiated coverage of ten companies within the Internet Sector.
Concerning eCommerce and Transaction Models, the analyst had a Buy rating on Amazon.Com Inc (NASDAQ: AMZN) with a price target of $145, a Neutral rating on Airbnb, Inc (NASDAQ: ABNB) and DoorDash, Inc (Neutral rating) (NASDAQ: DASH), and a Buy rating on Uber Technologies, Inc (NYSE: UBER) with a price target of $51.
For Amazon, Kessler expects steady Retail growth, continued Retail margin improvement from fulfillment and shipping optimization, continued ad momentum, and expects accelerating AWS growth in 4Q ...