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

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

July 25, 2014 10:06 AM EDT

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

July 25, 2014 8:21 AM EDT

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.

... More

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

July 25, 2014 7:04 AM EDT

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

July 25, 2014 6:50 AM EDT

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.

... More

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

July 25, 2014 6:45 AM EDT

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

July 25, 2014 6:33 AM EDT

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

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

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

July 24, 2014 4:19 PM EDT

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