Oppenheimer analysts weigh in with a few insights on online retail giant Amazon.com, Inc. (NASDAQ:AMZN) and network equipment maker Cisco Systems, Inc. (NASDAQ:CSCO). While one analyst cited bullish Amazon Web Services (AWS) checks and e-commerce category expansion, the other provided some commentary on recent departure of four Cisco executives. Let’s take a closer look.

Amazon.com, Inc

Oppenheimer analyst Jason Helfstein came out with a favorable report on shares of Amazon, raising the price target to $930 (from $780), and reiterating an Outperform rating on the stock. The new price target represents a potential upside of 28.5% from where the stock is currently trading.

Helfstein explained, “Following very bullish checks, we believe AWS’ competitive advantages in procuring, designing and architecting datacenters and compute/storage resources are driving even higher profitability and lower capital intensity than previously expected. As such, we see AWS’ margins as very stable in the near term. In addition, we see the eCommerce business continuing to benefit from category expansion, specifically CPG and apparel, with initiatives such as Echo, at the cusp of providing an even wider moat for the company. Short term, eCommerce is set to benefit from easier margin comparisons in 4Q, setting the stage for sustained momentum.”

According to TipRanks.com, which measures analysts’ and bloggers’ success rate based on how their calls perform, analyst Jason Helfstein has a yearly average return of 7.2% and a 54% success rate. Helfstein has a 39% average return when recommending AMZN, and is ranked #280 out of 3990 analysts.Out of the 44 analysts polled by TipRanks, 39 rate Amazon stock a Buy, while 5 rate the stock a Hold. With a return potential of 9%, the stock’s consensus target price stands at $788.25.

Cisco Systems, Inc.

Oppenheimer analyst Ittai Kidron weighed in on Cisco Systems, following the news that four Cisco System executives, best known for leading the company’s unique “spin-in” strategy, have now become the latest officials to leave the company.

Kidron commented, “The departure comes on the heels of a reorganization effort announced in March aimed at streamlining the engineering group in order to reduce costs/ accelerate innovation. We believe several executives (including the Insieme four) were disappointed with the reorganization and new Networking group leadership (David Goeckeler) and thus resigned. Investors are likely to view the departure negatively as it comes at a critical time when Cisco’s data center switching results are showing growth. While a concern, Cisco does have a deep management bench, and our experience tells us that disruption rarely presents itself following such events.”

Kidron reiterated an Outperform rating on shares of Cisco Systems, with a price target of $30, which represents a slight upside potential from current levels.

According to TipRanks.com, analyst Ittai Kidron has a yearly average return of -2.7% and a 48% success rate. Kidron has a 12.9% average return when recommending CSCO, and is ranked #3659 out of 3990 analysts.

Out of the 21 analysts polled by TipRanks, 14 are bullish on Cisco stock, 6 rate the stock a Hold and 1 recommends a Sell. With a return potential of nearly 5%, the stock’s consensus target price stands at $30.47.