$AMZN | TD Cowen Raises Price Target on Amazon to $245 from $225 Analyst Comments: "We expect Q2'24 revenue of $150.2BN, +11.8% YoY and in-line with consensus, driven by AWS revenue growth of +16.6% YoY and advertising revenue growth of +22.0% YoY . "Our Q2'24 operating income…
$GOOGL | TD Cowen Raises Price Target on Alphabet to $220 from $200 Analyst Comments: "Our 2Q Digital ad expert check on 7/8 suggests robust growth in $GOOG Search spend, indicating a healthy Digital ad environment. Our survey data also shows YouTube gaining share among younger…
AMAZON $AMZN price-target raised to $245 (from $225) at TD Cowen: "We expect 2Q24 revenue of $150.2B, +11.8% y/y and in-line with consensus, driven by AWS revenue of +16.6% y/y and +22.0% y/y advertising revenue growth. Our 2Q24 Op Income forecast of $15.2B, +98% y/y, is 20%…

Amazon's stock price target has been raised by Jefferies and TD Cowen to $235 and $245 respectively. Analysts expect strong revenue growth in Q2'24 driven by AWS and advertising revenue growth.
