Gene Munster Predicted Amazon Is Buying Target In 2018

Bitcoin Bites Amazon Acquires Gene Munster's 8 Tech Predictions For 2018

"Target is the ideal offline partner for Amazon for two reasons, shared demographic and manageable but comprehensive store count", Munster wrote.

Walmart "dwarfs" Amazon when it comes to physical stores, according to Munster, with about 11,000 more brick-and-mortar outlets across the globe; adding Target would boost Amazon's store count up to about 2,300.

Buying Target would bring Amazon's U.S. store count to more than 2,300 - about half of Walmart's.

The likeliness of such a deal occurring depends on who you ask. Target shares rose as much as 3.7 percent Tuesday in NY, while Amazon gained 1.6 percent.

Amazon has not made intentions on buying Target. The typical takeover premium averages between 20% and 30%, although the analyst thinks Amazon could get away with paying a 15% premium instead as traditional retailers are on the nose.

The post was full of good reasons why Amazon would want Target, but nothing much to justify why Target would want to throw in with Amazon.

It's certainly doable, according to GlobalData Retail Managing Director Neil Saunders. This suggests the retail stock could be overdue for both upgrades and further price-target hikes. Such a retailer "can put solid infrastructure and operational efficiency along with brand to improve overall value to the customer and profitability to the bottom line", he said.

More news: Russian Federation had Clinton dirt

Kotha also questioned whether this potential deal would change anything in the battle of Amazon vs. Walmart.

Among those is Steve Kovach at Business Insider, who predicts, among other things, and China's consumer tech brands will slump with US consumers, that augmented reality will slide and that, yes, Amazon's continued growth will become a source of concern for competitors and consumers alike.

What Amazon gains with an acquisition of Target is around 1,900 retail locations.

"Amazon believe's the future of retail is a mix of mostly online and some offline", Munster said.

But not everyone can see it. Amazon didn't immediately respond to a request for comment.

Amazon is slowly becoming an all-encompassing mass that seeks to swallow up everything in its path. Jeff Bezos owns The Washington Post, Amazon's digital assistant is dominating the market, and it bought Whole Foods previous year. "So, to really flex their muscle and to really compete aggressively with Walmart it makes sense to have a retail footprint", Munster said in an interview with KARE-TV.

Related News:

  • Netanyahu not welcome in India: CPM

    Netanyahu not welcome in India: CPM

    He said the bilateral commerce between the two countries stood at $5 billion in 2016-17 which did not include defence trade. Israel's Saare Tzedek hospital would be signing an agreement with India's Ministry of Health and Family Welfare as well.
    Ronda Rousey to WWE: Former UFC star could debut soon

    Ronda Rousey to WWE: Former UFC star could debut soon

    The 30-year-old Rousey has been rumoured to make the transition to sports entertainment for several years. Rousey could also lead her Horsewomen against a WWE faction at WrestleMania on April 8.
    Suspected LeT terrorist involved in 2000 Red Fort attack held In Delhi

    Suspected LeT terrorist involved in 2000 Red Fort attack held In Delhi

    Earlier, terrorist Mohammad Arif alias Ashfaq, who was convicted in the case, had been awarded death sentence. Kawa was arrested in Delhi by a joint team of Delhi Police and Gujarat Anti-Terrorism Squad (ATS).
  • Transcript of Fusion GPS founder's testimony intensifies feud over FBI, Trump dossier

    Transcript of Fusion GPS founder's testimony intensifies feud over FBI, Trump dossier

    Grassley declined to release the full transcript, but invited Fusion GPS to come before his panel and testify publicly. Steele traveled to Rome in September to give the Federal Bureau of Investigation a full debriefing.
    Lincoln Riley Made a Indefensible Mistake By Not Trusting Baker Mayfield

    Lincoln Riley Made a Indefensible Mistake By Not Trusting Baker Mayfield

    On the next play, running back Nick Chubb took off on a 50-yard touchdown run that brought Georgia within seven, 31-24. He just didn't hit it well and ended up going right to their guy, which that's the one thing you can't do and we did.
    Beaming Duchess of Cambridge stuns in blue on first 2018 engagement

    Beaming Duchess of Cambridge stuns in blue on first 2018 engagement

    Dressed in a blue coat by United Kingdom brand Hobbs and matching heels, Kate sported a floral printed Seraphine dress underneath. The mental health charity provides support to 282 schools around the United Kingdom , including Reach Academy Feltham.
  • What a Disaster! 2017 Weather Was Truly Historic

    What a Disaster! 2017 Weather Was Truly Historic

    The average between 1980 and 2017 was 5.8 events, but this has crept up to 11.6 events in the last five years. Hurricane Maria-which swept through the Caribbean and hit Puerto Rico in September-cost $90 billion.
    Alex Smith Purchases 54 Shares of SThree Plc (LON:STHR) Stock

    Alex Smith Purchases 54 Shares of SThree Plc (LON:STHR) Stock

    Berkeley Group (LON:BKG)'s stock had its "hold" rating reissued by Canaccord Genuity in a report released on Friday, December 8th. Also, insider John Armitt sold 1,000 shares of Berkeley Group stock in a transaction that occurred on Monday, December 11th.
    Now share your Instagram Stories directly on WhatsApp

    Now share your Instagram Stories directly on WhatsApp

    According to downdetector.co.uk, it received 2,012 reports that WhatsApp was not working at its peak. From what we understand, the feature is now being tested with a small number of users.
  • J&K Leg Council: NC, Cong stage walkout over civilian killings

    J&K Leg Council: NC, Cong stage walkout over civilian killings

    Some agitated opposition members rushed to the Well of the Council and anti-government sloganeering disrupted the proceedings. A magisterial enquiry has been ordered by the government into the incident.
    Butler leads Wolves over Thunder, 104-88

    Butler leads Wolves over Thunder, 104-88

    The Thunder lost their second straight game 117-106 on Tuesday to Portland, which was missing star guard Damian Lillard. The thought for the majority of the season was that the Wolves would bounce between the fourth and fifth seed.
    Amazon Prime ships more than five billion items in 2017

    Amazon Prime ships more than five billion items in 2017

    US membership continues to grow, but analysts said they see growth rates slowing, as the market becomes saturated. With that disclaimer out of the way, Amazon has a vested interest in increasing the ranks of Prime subscribers.


Most liked

Mexico could pay for a border wall 'indirectly through NAFTA'
During Trump's 2017 campaign, he bragged about how he is a builder and therefore he knows how to build a really good wall. Remember, when the president said he wanted the wall, he said it would be entirely funded by Mexico .

U.S. suspends security assistance to Pakistan, forces action on Islamists
It also said they were seeking more action on bilateral border management, repatriation of Afghan refugees and drug trafficking. Part of the President's plan included a demand for Pakistan to take action against militant safe havens on its soil.

Princess Charlotte Is a Very Polite Two-Year-Old
A source told The Sun: "She might not be three until May but they were convinced she'd love it and so far she has". Her older brother, Prince George , attended preschool at Westacre Montessori School in Norfolk.

Democrat releases Fusion GPS testimony, revealing possible Federal Bureau of Investigation informant in Trump organization
Steele and Fusion GPS arranged for the material to pass into the hands of Sen. John Cornyn (Tex.) said : " I think that's a good idea".

Bruno Mars, Cardi B, SZA to Perform at the 2018 Grammy Awards
Previously announced performers include Childish Gambino, Lady Gaga , Little Big Town , Patti LuPone , P!nk, and Ben Platt . SZA , Kesha , Luis Fonsi & Daddy Yankee are among the additional talent announced to perform at the 60th annual ceremony.

1 injured in semi fire on I-65
A fiery crash involving a semi closed eastbound lanes of Interstate 40 in Dickson County for hours on Wednesday. The initial investigation revealed that traffic was slowed in the area due to an earlier crash on I-65S.

Jack White Releases Star Studded New Video for "Connected By Love"
Jack White is poised to release his long-awaited new album Boarding House Reach . This barely five minute song is an interesting journey, and a good one , at that.

Utility to buy company behind failed SC nuclear project
SCE&G and project co-owner Santee Cooper blamed the $9 billion project failure on the bankruptcy by contractor Westinghouse. Dominion officials said the deal wasn't necessary for the Virginia utility , but it "enhances" its growth profile.

President Trump signed an executive order to promote broadband in rural areas
Farmers, Trump said, "embody the values of hard work, grit, self-reliance and sheer determination". Trump then implored the audience to "come on, get up", and give him a standing ovation.

Barcelona sign centre-back Yerry Mina early
Barcelona says it has signed Colombia defender Yerry Mina from Brazilian club Palmeiras . Mina's transfer included a transaction fee of $14.2 million.

Red Cross faces blood shortage, seeks blood and platelet donors
Spokesperson Nathan Gilbert said weather conditions caused the organization to close 200 blood drive locations nationwide. O-negative is a crucial - and rare - blood type because it is compatible with any patient.

Eric Clapton Reveals He's Losing His Hearing
Clapton, 72, is also battling peripheral neuropathy , which causes numbness and pain from damage in the hands and feet. I'm hoping that people will come along and see me just because, or maybe more than because, I'm a curiosity.

You'll never guess who the latest spokesperson for Weight Watchers is
Weight Watchers International, Inc. price was kept to a minimum $45.31 in intra-day trade and has returned 8.02% this year alone. WTW is already driving a 283.04% rally over the course of the past year and is now up 286.72% since this point in 2017.

Bank of America Analysts Give Nucor (NUE) a $75.00 Price Target
While take a short look on price to sales ratio, that was 1.13 and price to earning ration of 18.86 attracting passive investors. There were 84 sold out positions, amounting to 2.86 million shares. 41 funds opened positions while 79 raised stakes.

Multiple St.Louis-area hospitals monitoring national IV bag shortage
Johnsbury. "It may sound scary to the public but as technicians we know how (much saline) we truly need". Governor Charlie Baker says he is also working to give districts additional state funding, if needed.