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.
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.
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 ...
bovnews19h
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 ...
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 ...
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 ...
bovnews7d
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 Stock Buy Rating Amid Anticipated Regulatory Relief and Asset Cap Removal
Analyst Betsy Graseck of Morgan Stanley maintained a Buy rating on Wells Fargo (WFC – Research Report), retaining the price target of ...
Wells Fargo stock poised for liftoff with potential asset cap lift: Barron's
Wells Fargo stock may rally as it nears the potential end of an asset cap, boosting earnings and profitability.
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 ...
Wells Fargo & Company (WFC): An Undervalued Wide Moat Stock to Buy According to Analysts
We recently compiled a list of the 10 Undervalued Wide Moat Stocks to Buy According to Analysts. In this article, we are ...
Amazon Falls After Analyst Downgrade
Amazon.com Inc. shares fell in premarket trading on Monday, following a rare analyst downgrade that cited concerns over ...