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

Amazon.com (AMZN) PT Cut 11% at Susquehanna; Long-Term Story Not Broken

Susquehanna analyst Brian Nowak reiterated a Positive rating on Amazon.com (Nasdaq: AMZN), but cut his price target to $400.00 (from $450.00) amid Q2 results which delivered more revenue, gross profit, units, prime members...and spend.

Nowak notes while nothing is broken with the... More

Raymond James Downgrades Amazon.com (AMZN) to Market Perform

Raymond James downgraded Amazon.com (NASDAQ: AMZN) from Outperform to Market Perform.

For an analyst ratings summary and ratings history on Amazon.com click here. For more ratings news on Amazon.com click here.

Shares of Amazon.com closed at $358.61 yesterday.

Goldman Sachs Comments on Amazon's (AMZN) Q2 Results

Goldman Sachs maintained a Conviction Buy on Amazon.com (NASDAQ: AMZN) with a price target of $400. The stock was pressured following Q2 results. Analyst Heath P. Terry noted revenue growth accelerated, but investments... More

Amazon.com (AMZN) PT Cut to $400 at BofA/Merrill Lynch; 3Q Profit Outlook Well Below Expectations

BofA/Merrill Lynch analyst Justin Post lowered estimates and his price target on Buy-rated Amazon.com (NASDAQ: AMZN) to $400.00 (from $420.00) following in-line Q2 results but a disappointing profit outlook.

"... 3Q profit outlook was well below expectations (EBITDA growth will slow) and could... More

B. Riley Downgrades Amazon (AMZN) to Neutral

B. Riley downgraded Amazon.com (NASDAQ: AMZN) from Buy to Neutral with a price target of $350.00.

For an analyst ratings summary and ratings history on Amazon.com click here. For more ratings news on Amazon.com click here.

Shares of Amazon.com closed at $358.61 yesterday.

Amazon.com (AMZN) Estimates Lowered, PT Cut to $400 at Baird

Baird analyst Colin Sebastian lowered his price target on Outperform-rated Amazon.com (NASDAQ: AMZN) to $400.00 (from $410.00) following solid Q2 results despite revenue headwinds.

Sebastian commented, "Near term, heavy Q3 spending puts further pressure on profit margins, and may weigh on shares. However, bright... More

Amazon.com (AMZN) PT Cut 9% to $400 at Evercore Partners Post Q2

Evercore Partners analyst Ken Sena lowered his price target on Amazon.com (NASDAQ: AMZN) to $400.00 (from $440.00) following weak margin guidance with Q2 results. The firm maintained an Overweight rating.

Sena commented, "Amazon delivered in-line revenues and profitability on better gross margins... More

Market Wrap: Housing Sales Miss in June; Earnings Abound; SodaStream 'Pops' on Speculation

Market wrap for July 24th

End of the Day: S&P 500 up 1.0 to 1,987.98; Dow Jones down 2.8 to 17,083.80; Nasdaq down 1.6 to 4,472.11

* Sales of new single-family houses in June 2014 were at a seasonally adjusted annual rate of 406,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. (Consensus estimates were looking for a rate of 475,000.) This is 8.1 percent (±12.3%)* below the revised May rate of 442,000 and is 11.5 percent (±14.4%)* below the June 2013 estimate of 459,000 ... The median sales price of new... More

Amazon.com, Inc. (AMZN) Posts Q2 Loss of 24c/Share

Amazon.com, Inc. (NASDAQ: AMZN) reported Q2 EPS of ($0.24), $0.09 worse than the analyst estimate of ($0.15). Revenue for the quarter came in at $19.34 billion versus the consensus estimate of $19.32 billion.

Operating cash flow increased 18% to $5.33 billion for the trailing twelve months, compared with $4.53 billion for the trailing twelve... More