Amazon, Wells Fargo
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 $183, one of the lowest on Wall Street.
Amazon Falls After Analyst Downgrade
Amazon.com Inc. shares fell in premarket trading on Monday, following a rare analyst downgrade that cited concerns over margin trends into next year, which growth in the cloud computing business is unlikely to compensate for.
Amazon (NASDAQ:AMZN) Stock Falls 3% on Rare Analyst Downgrade
Shares of Amazon ($AMZN) are down 3% after the e-commerce giant’s stock was hit with a rare analyst downgrade. Wells Fargo ($WFC) analyst Ken
Amazon Stock Falls After Rare Analyst Downgrade
Amazon stock fell in Monday morning trading after the tech behemoth got a rare downgrade from an analyst, citing headwinds for margin growth.
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.
Wells Fargo Q3 Earnings Preview: Stock Attractive As Interest Rates Fall
Wells Fargo will post third-quarter earnings results on Friday, October 11. Check out why investors have low expectations for ...
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Wells Fargo & Co (WFC) Stock: Greater Than Its Current Valuation?
Wells Fargo & Co (WFC) stock saw a modest uptick, ending the day at $56.96 which represents a slight increase of $1.98 or 3.60% from the prior close of $54.98. The stock opened at $55.99 and touched a ...
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Analyst: Homebuilding Stock Faces Stiff Competition
The analyst did, however, raise its price target to $83 from $80. Coming into today, the majority of analysts were already ...
Halozyme Therapeutics shares fall as Wells Fargo cuts rating to equal weight
Halozyme Therapeutics (NASDAQ:HALO) ticked lower on Monday as Wells Fargo downgraded the biotechnology company to 'equal ...
Wells Fargo & Co. stock underperforms Monday when compared to competitors
Shares of Wells Fargo & Co. WFC shed 2.10% to $55.11 Monday, on what proved to be an all-around favorable trading session for ...
Wells Fargo downgrades KB Home (KBH) to a Sell
In a report released today, Sam Reid from Wells Fargo downgraded KB Home (KBH – Research Report) to a Sell, with a price target of ...
Wells Fargo cuts Amazon's rating as headwinds pressure OI, margins in the near term
Wells Fargo cut rating on Amazon.com (NASDAQ:AMZN) to "equal weight" from a previous investment rating of "overweight" on ...
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.
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The Wells Fargo & Co Stock Thriller: Decoding the Mystery Behind WFC’s Recent Movements
On Friday, Wells Fargo & Co (WFC) stock saw a decline, ending the day at $55.9 which represents a decrease of $-0.49 or -0.87% from the prior close of $56.39. The stock opened at $56.62 and touched a ...
Wells Fargo’s ‘Core’ stocks: GOOGL, HD, KO, and more
Wells Fargo analysts presented their “Core” list of stocks. These are high-quality, “blue chip, industry-leading companies.” ...