Form 8-K AMAZON COM INC For: Jul 24

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Cowen Trims PT on Amazon (AMZN) to $390; Maintains at 'Outperform' Post-Q2 Results

July 25, 2014 6:28 AM EDT

Cowen and Company lowers its price target on Amazon.com (Nasdaq: AMZN) from $410 to $390 and maintains an Outperform rating on the stock following Q2 results released Thursday night.

Analyst John Blackledge commented that Amazon delivered a mixed report with units stabilizing and a topline result and guide that met expectations, but... More