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Wells Fargo cuts Amazon's rating
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,
Wells Fargo downgrades Amazon: Near-term costs for Project Kuyper will pressure margins
Ken Gawrelski, Wells Fargo equity analyst, joins 'Money Movers' to discuss the firm's downgrade of Amazon, how rivals are playing a role in the company's investment thesis, and much more.
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 Monday. They note that the company has been "a consistent positive revision story" but now see several factors pressure revisions in the near term.
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.
17h
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 ...
bovnews
14h
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 ...
14d
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 ...
14h
on MSN
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 ...
20h
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 ...
SchaeffersResearch.com
16h
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 ...
4d
on MSN
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.” ...
20h
Wells Fargo Remains a Hold on Hubbell B (HUBB)
Wells Fargo analyst Joe O’Dea maintained a Hold rating on Hubbell B (HUBB – Research Report) today and set a price target of ...
3d
Wells Fargo Options Trading: A Deep Dive into Market Sentiment
Having examined the options trading patterns of Wells Fargo, our attention now turns directly to the company. This shift ...
12h
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.
10h
Amazon Falls After Analyst Downgrade
Amazon.com Inc. shares fell in premarket trading on Monday, following a rare analyst downgrade that cited concerns over ...
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