Analyst Upgrades: Amazon, Google, and Microsoft

Analysts upwardly revised their ratings on, Inc. (NASDAQ:AMZN), Google Inc (NASDAQ:GOOGL), and Microsoft Corporation (NASDAQ:MSFT)

Apr 24, 2015 at 9:28 AM
facebook X logo linkedin

Analysts are weighing in on e-commerce giant, Inc. (NASDAQ:AMZN), tech titan Google Inc (NASDAQ:GOOGL), and software specialist Microsoft Corporation (NASDAQ:MSFT). Here's a quick roundup of today's bullish brokerage notes on AMZN, GOOGL, and MSFT.

  • AMZN is poised to pop nearly 13% out of the gate -- and to a new all-time high -- after the firm posted better-than-expected first-quarter revenue, thanks to the $1.6 billion in sales it netted from its cloud service. A number of brokerage firms were quick to weigh in on AMZN following the results. Raymond James, for example, raised its rating to "outperform" from "market perform," and set its price target at $485 -- a 24.4% premium to Thursday's settlement at $389.99. The most optimistic outlook came from J.P. Morgan Securities, which boosted AMZN to "overweight" from "neutral," and upped its price target to $535 from $375. Already this year, the stock has tacked on nearly 26%, and option traders have shown a preference for calls over puts. Specifically,, Inc.'s Schaeffer's put/call open interest ratio (SOIR) of 0.87 ranks lower than 67% of similar readings taken in the past year, meaning short-term traders are more call-heavy than usual.
  • To the delight of option traders, GOOGL is up 4.2% in electronic trading, after the company's first-quarter earnings -- despite falling short of analysts' estimates -- showed an increase in paid clicks. Additionally, exiting Chief Financial Officer Patrick Pichette waxed optimistic on the speed with which YouTube is growing. The news was met with a round of upbeat analyst attention, including price-target hikes at Deutsche Bank (to $670) and Credit Suisse (to $690), both representing expected moves into uncharted territory. Cantor, meanwhile, cut its price target by $10 to $625, which still sits 12.1% above last night's close at $557.46. Heading into today's session, optimism was already high toward a stock that's up 13.6% since hitting an annual low of $490.91 in mid-January. In fact, 84% of analysts maintain a "buy" or better rating toward Google Inc, with not a single "sell" to be found.
  • MSFT's stronger-than-forecast fiscal third-quarter earnings and subsequent round of bullish brokerage attention have the shares trading 5% higher ahead of the bell -- and on track to close north of their 60-week moving average for the first time since late February. Chiming in on the stock was Nomura, which upped its rating to "buy" from "neutral." RBC and Pacific Crest, meanwhile, raised their price targets to $50, while Cowen and Company increased its target price to $49. Technically speaking, the shares have shed 13.4% since tagging a 14-year high of $50.04 in November -- and settled last night at $43.34 -- and option traders have been growing increasingly skeptical over the course of the month. During the past two weeks, specifically, Microsoft Corporation's 10-day International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) put/call volume ratio has jumped to 1.26 from 0.51. What's more, the current ratio rests just 1 percentage point below a 52-week peak, meaning puts have been bought to open over calls at a near-annual-high clip.

Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI