Amazon (AMZN) Price Target Trimmed to $420 at RBC Capital on Mixed Quarter
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Credit Suisse Maintains Outperform on Amazon.com (AMZN)
October 24, 2014 10:49 AM EDTCredit 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)
October 24, 2014 10:37 AM EDTDeutsche 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
October 24, 2014 7:46 AM EDTSunTrust 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
October 24, 2014 7:27 AM EDTJanney 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.
... MoreAmazon.com (AMZN) PT Cut to $340 at Evercore Partners
October 24, 2014 7:04 AM EDTEvercore 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) Results Not as Bad as Headlines Suggest, Baird Said; Buy Weakness
October 24, 2014 6:48 AM EDTBaird analyst Colin Sebastian cut his price target on Amazon.com (NASDAQ: AMZN) to $340 from $400 following Q3 results but maintained an Outperform rating saying they were not as bad as the headlines suggest.
Sebastian commented, "Q3 not as bad as headlines suggest, growth... More
Cowen Downgrades Amazon.com (AMZN) to Market Perform; Notes Ongoing Market Uncertainty
October 24, 2014 6:32 AM EDTCowen 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

