Amazon (AMZN) Results Not as Bad as Headlines Suggest, Baird Said; Buy Weakness

Credit Suisse Maintains Outperform on Amazon.com (AMZN)

Credit Suisse maintained an Outperform rating on Amazon.com (NASDAQ: AMZN) and lowered its price target to $395.00 (from $422.00). The change follows Q3 results. Analyst Stephen Ju said he was holding his nerve "amidst the negative sentiment storm."

"Ongoing investments into its many... More

Deutsche Bank Reiterated Buy Rating on Amazon.com (AMZN)

Deutsche Bank maintained a Buy rating on Amazon.com (NASDAQ: AMZN) and lowered its price target to $350.00 (from $375.00). The change follows Q3 results.

Analyst Ross Sandler said, "At first glance, AMZNs results and guidance looked weak, but after backing out... More

Amazon (AMZN) Q3 Not as Bad as at First Blush, SunTrust Robinson Humphrey Says

SunTrust Robinson Humphrey analyst Robert Peck lowered his price target on Amazon.com (NASDAQ: AMZN) to $360.00 (from $380.00) following Q3 results, which he said were not as bad as at first blush.

Peck commented, ") At first blush, Amazon had a very difficult 3Q, missing... More

Janney Downgrades Amazon (AMZN) to Neutral

Janney Montgomery Scott downgraded Amazon.com (NASDAQ: AMZN) from Buy to Neutral.

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 $313.18 yesterday.

Amazon.com (AMZN) PT Cut to $340 at Evercore Partners

Evercore Partners analyst Ken Sena reiterated a Buy but cut his price target on Amazon.com (NASDAQ: AMZN) to $340.00 (from $400.00) following Q3 results.

Sena commented, "Amazon guided 13% y/y rev growth at the midpoint (~15.5% x-F/X) vs. our 21% expectation, helping affirm a... More

Amazon (AMZN) Price Target Trimmed to $420 at RBC Capital on Mixed Quarter

RBC Capital analyst Mark Mahaney lowered his price target on Amazon.com (NASDAQ: AMZN) to $420.00 (from $435.00) following mixed Q3 results but maintained an Outperform rating.

The keys, according to the analyst: Positives: 1) Sustained EGM Revenue Growth despite modestly tougher comps, an intrinsically healthy... More

Cowen Downgrades Amazon.com (AMZN) to Market Perform; Notes Ongoing Market Uncertainty

Cowen cuts Amazon.com (NASDAQ: AMZN) from Outperform to Market Perform and moves its price target from $390 down to $325.

Analyst John Blackledge commented:

3Q14 Results: Results Fall Short

Total revenues of $20.58BN (+20% y/y), 3% below our $21.18BN estimate and 1% below consensus. Media drove much of the miss at $5.34BN, 6% below our forecast as N.A. Media was 9% lower given shift to print rental vs. buy and tough print comps. EGM was light at $13.95BN (+26% y/y) or 2% below our estimate as N.A EGM revenue acceleration was... More

Amazon.com (AMZN) Posts Q3 Loss of 95c/Share

Amazon.com (NASDAQ: AMZN) reported Q3 EPS of ($0.95), $0.21 worse than the analyst estimate of ($0.74). Revenue for the quarter came in at $20.58 billion versus the consensus estimate of $20.85 billion.

As we get ready for this upcoming holiday season, we are focused on making the... More