Top Consumer Shares:
WMT: +0.1%
MCD: -0.4%
DIS: -0.2%
CVS: +0.5%
KO: flat
GE: -0.1%
Consumer shares were mainly lower ahead of the opening bell on Friday.
In consumer stocks news, Amazon.com ( AMZN ) received a significant increase in its price target Friday to $1,000 per share from $840 from RBC Capital Markets, which reported encouraging results from an online consumer survey and said the online retailer's fundamentals "have never been stronger."
Shares in Amazon were 0.6% higher at $774.412 pre-bell. The stock has traded between $474 and $790.79 over the past 52 weeks.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
