Amazon Stock Falls After Rare Downgrade. Watch Out For These 'Multiple Headwinds'
Amazon stock fell in Monday morning trading after the tech behemoth got a rare downgrade from an analyst, citing headwinds for margin growth.
Amazon’s Stock Gets a Downgrade. Profit ‘Story Faces Multiple Headwinds.’
Estimates for Amazon’s operating income have consistently been revised higher, but now there are reasons to believe the expansion will be capped.
Amazon stock sinks as Wells Fargo downgrades shares
Amazon stock dropped amid a downgrade from Overweight to Equal Weight by Wells Fargo. Wells Fargo said Monday that Amazon's strength in the cloud services market won’t be enough to stave off hurdles: rising competition from Walmart,
Amazon.com shares downgraded by Wells Fargo who says cloud strength 'not enough'
Analyst Ken Gawrelski became one of the few analysts tracked by Bloomberg who doesn’t have a buy recommendation on the stock. He also cut his price target from $225 to $183, one of the lowest on Wall Street.
Amazon (NASDAQ:AMZN) Stock Falls 3% on Rare Analyst Downgrade
Shares of Amazon ($AMZN) are down 3% after the e-commerce giant’s stock was hit with a rare analyst downgrade. Wells Fargo ($WFC) analyst Ken
Amazon downgraded at Wells Fargo as 'positive revision story on pause'
Wells Fargo downgraded Amazon (NASDAQ:AMZN) to Equal Weight from Overweight in a note to clients on Monday, citing multiple headwinds that are likely to pause the company's positive earnings revision story.
Amazon Stock Is Sliding Monday: What's Going On?
Amazon.com Inc (NASDAQ:AMZN) shares are trading lower Monday following a downgrade from Wells Fargo. Amazon shares also ...
Why Amazon Stock Dropped Early Today
Weaker profit margins and the big cash drain that is Project Kuiper pose particular risks to Amazon's growth story.
Amazon Cut as Wells Fargo Warns Cloud Strength ‘Not Enough’
Amazon.com Inc. shares fell in premarket trading on Monday, following a rare analyst downgrade that cited concerns over ...
Balancing Growth and Competition: Wells Fargo Holds DoorDash with Revised Targets
Analyst Ken Gawrelski from Wells Fargo maintained a Hold rating on DoorDash (DASH – Research Report) and increased the price target to ...
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Ken Davenport
Ken Davenport has written 5 shows including The Awesome 80s Prom (Conceiver), Altar Boyz (Conceiver), My First Time (Playwright), Miss Abigail's Guide to Dating, Mating, & Marriage (Playwright ...
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Ken Page, Oogie Boogie in ‘The Nightmare Before Christmas,’ Dies at 70
By Mike Barnes Senior Editor Ken Page, the Broadway veteran who provided the voice of the ghastly villain Oogie Boogie in the Tim Burton-produced The Nightmare Before Christmas, has died.
Buy Rating Affirmed for Pinterest on Solid Growth and Attractive Valuation
Wells Fargo analyst Ken Gawrelski has maintained their bullish stance on PINS stock, giving a Buy rating on October 2. Ken Gawrelski has given ...
Why Amazon (AMZN) Shares Are Sliding Today
Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) fell 3.1% in the morning session after Wells Fargo ...