JP Morgan boosted the price target for Amazon.com, Inc. (NASDAQ: AMZN) from $4,350 to $4,500. Amazon shares jumped 11% to $3,081.07 in pre-market trading.
The year 2021 marked a period when global economies began picking up the pieces following the COVID-19 pandemic that left them crippled and ravaged. Notwithstanding the setbacks, the tech sector extended its gains from 2020 and remains poised to go from strength to strength.
Credit Suisse analyst Phil Winslow initiates coverage on Check Point Software (NASDAQ:CHKP) with a Underperform rating and announces Price Target of $100.
If history is any guide, there may be trouble ahead for shares of Check Point Software (NASDAQ:CHKP). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.