Scott Devitt

Shares of Shopify Inc (NASDAQ:SHOP) nosedived in early trading on Thursday, even after the company reported upbeat fourth-quarter results. Here are the key analyst insights: Wedbush analyst Scott Devitt maintained an Outperform rating but cut the price target from $185 to $160. Goldman Sachs...

A mixed fourth-quarter and high Capex guidance from Amazon.com Inc (NASDAQ:AMZN) has analysts revising their price targets and short-term outlooks on the technology and e-commerce giant. The Amazon Analysts Wedbush analyst Scott Devitt maintained an Outperform rating on Amazon and lowered the...

Alphabet stock (NASDAQ:GOOG)(NASDAQ:GOOGL) is trading lower Thursday after the company beat analyst estimates for the fourth quarter. Analysts recognize a potential buying opportunity and are mostly raising their price targets on the Google and YouTube parent company. The Alphabet Analysts Bank of...

Shares of Uber Technologies Inc (NYSE:UBER) rose on Wednesday after the company reported its fourth-quarter results. Here are the key analyst insights: Citizens JMP Securities analyst Andrew Boone upgraded the rating from Market Perform to Market Outperform, while establishing a price target of $...

Amazon.com Inc (NASDAQ:AMZN) could show off more growth for its AWS segment when the company reports fourth-quarter (Q4) financial results Thursday after market close. Here are the earnings estimates, what analysts are saying and the key items to watch. Amazon Q4 Earnings Estimates Analysts expect...

CarMax Inc's (NYSE:KMX) CAF (CarMax Auto Finance) securitization data released on Monday revealed that trends remained soft in November, according to Wedbush. The CarMax Analyst: Analyst Scott Devitt maintained a Neutral rating and price target of $40. The CarMax Thesis: November has typically been...

Shares of DoorDash Inc. (NASDAQ:DASH) nosedived in early trading on Tuesday, after the company reported mixed third-quarter results on Wednesday. Here are some key analyst takeaways: Goldman Sachs analyst Eric Sheridan reiterated a Buy, while slashing the price target from $315 to $279. Wedbush...

Amazon.com, Inc. (NASDAQ:AMZN) shares climbed Monday after the company announced a $38 billion multi-year partnership with OpenAI for AWS to provide computing infrastructure to support OpenAI's artificial intelligence workloads.  Wedbush analysts Dan Ives and Scott Devitt raised the price...

Amazon.com Inc (NASDAQ:AMZN) analysts are raising their price targets on the stock after the company beat revenue and earnings-per-share estimates in the third quarter and posted strong growth in the AWS cloud segment. Here's what analysts are saying. The Amazon Analysts: Wedbush analyst Scott...

Meta Platforms (NASDAQ:META) raised its CapEx spending outlook after third-quarter financial results. Analysts are mixed on how the spending will help the company in the short- and long-term. META is feeling the pressure from bearish momentum. Get the scoop here. The META Analysts: Bank of...

Amazon.com Inc (NASDAQ:AMZN) could be overshadowed by recent negative headlines when it reports third-quarter financial results on Thursday after market close. Here are the earnings estimates, and the key items to watch. Earnings Estimates: Analysts expect the e-commerce giant to report third-...

As global spending habits continue to shift toward digital transactions, the buy-now-pay-later industry is experiencing rapid expansion, drawing significant interest from investors worldwide. This trend has set the stage for Klarna Group PLC‘s (NYSE:KLAR) recent high-profile debut on the New...

Shares of Shopee parent company Sea Ltd (NYSE:SE) rose in early trading on Wednesday, after the Singapore-based conglomerate reported upbeat second-quarter results on Tuesday. Here are some key analyst takeaways. Benchmark analyst Fawne Jiang reiterated a Buy rating, while raising the price target...

Shares of Uber Technologies Inc. (NYSE:UBER) rose slightly in early trading on Thursday, after the company reported upbeat second-quarter results on Wednesday. Here are some key analyst takeaways. Wedbush analyst Scott Devitt reiterated a Neutral rating, while reducing the price target from $85 to...

Earnings season often brings surprises that can shift market dynamics, particularly as companies navigate post-pandemic economic recovery and evolving consumer behaviors. Shares of eBay Inc (NASDAQ:EBAY) rallied in early trading on Thursday, after the company Wednesday reported upbeat second-...