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《大行報告》摩通上調亞馬遜(AMZN.US)目標價至142美元 評級「增持」
阿思達克 02-06 10:59
摩根大通發表報告指,亞馬遜(AMZN.US)旗下雲端運算服務(AWS)增長放緩,利潤率受壓,但同時零售業務收入好過預期,槓桿水平改善,抵銷相關影響,令公司去年第四季業績及今年首季展望好壞參半。 該行預期,今年北美營運成本將大幅改善,又指Andy Jassy晉身亞馬遜首席執行官18個月後首次參與業績電話會議,並透露將關注客戶及精簡成本列為首要任務,同時不會放棄長期戰略投資與降本增效。 摩通預期,今年首季AWS增長表現較預期差,加上去年第四季的利潤率受壓,將加劇市場對雲端業務發展的擔憂,但仍然相信零售業務今年增長可加快,同時憧憬北美市場經營溢利復甦及資本開支按年下降,將有助於自由現金流步向拐點,對公司維持樂觀看法,目標價由130美元升至142美元,評級「增持」。
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