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Wells Fargo cuts Amazon's rating
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.
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.
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.
13h
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 ...
BusinessDen
15h
Wells Fargo says it’s not to blame for lawyer’s $375K payment to hackers
Wells Fargo is asking a south metro judge to throw out a lawsuit that seeks to blame the bank, at least in part, for a lawyer ...
6h
on MSN
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 ...
10h
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 ...
Think Advisor
7h
Wells Fargo Customer Sues Over Data Breach
Wells Fargo discovered the breach in July; a lawsuit alleges the bank waited three months to notify customers.
Commercial Observer
9h
Wells Fargo, Trading Card Company Take Retail Space at ESRT’s 1350 Broadway
Wells
Fargo
(WFC) and trading card sellers Dave & Adam’s Card World have signed retail leases at Empire State Realty ...
Business Insider
22h
Wells Fargo Remains a Hold on ArcBest (ARCB)
Wells
Fargo
analyst Christian Wetherbee maintained a Hold rating on ArcBest (ARCB – Research Report) today and set a price target of $112.00. The company’s shares closed last Friday at $100.83.
5d
on MSN
Wells Fargo closing Downtown branch; future of bank's name on landmark building unknown
Wells Fargo closing Downtown branch, leaving uncertain future for bank's name emblazoned atop 21-story skyscraper.
6h
Iowan Nick Nurse returns to Wells Fargo Arena to coach Philadelphia 76ers
Nick Nurse spent four seasons coaching the Iowa Energy at Wells Fargo Arena. He'll return as coach of the Philadelphia 76ers.
16h
Wells Fargo downgrades Halozyme (HALO) to a Hold
Wells Fargo analyst Mohit Bansal downgraded Halozyme (HALO – Research Report) to a Hold today and set a price target of $62.00. The ...
4d
Wells Fargo Active Cash Card vs. Wells Fargo Autograph Card: High Flat-Rate Cash Rewards Take the Cake
Wells Fargo is a top credit card issuer, with good reason. Keep reading for a breakdown of its Active Cash vs. Autograph ...
4h
on MSN
Wells Fargo & Company (WFC): Cramer Thinks Banks Represent The Least Expensive Group
We recently published an article titled, 11 Stocks on Jim Cramer’s Radar Right Now. In this article, we are going to take a ...
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