Amazon.com (AMZN) PT Cut to $400 at Argus
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/25/2026
- Nasdaq, S&P end lower as tech stocks fall
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
UPDATE: Citi Upgrades Amazon.com (AMZN) to Buy; Analyst Points to Top-line Growth
January 13, 2015 8:22 AM EST(Updated - January 13, 2015 9:04 AM EST)
Citi upgraded Amazon.com (NASDAQ: AMZN) from Neutral to Buy with a price target of $354.00. Analyst Mark May noted attractive valuation, top-line growth, and more stable margins.
"We are upgrading Amazon to Buy for three main reasons: 1) We believe Amazons valuation represents a good risk/reward as we see valuation support near $300 and upside... More
