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Amazon stock falters as Raymond James cuts AMZN price target by 29%
Investment bank Raymond James cut its 12-month price target on Amazon stock from a lofty $275 to $195. This amounts to a 29% trim of the price target. The reason was given as earnings headwinds stemming from the Trump tariffs, particularly on China.
Among the factors that are expected to boost Amazon’s (AMZN) top-and-bottom-line growth this year are its market-share gains ...
Amazon shares fell as much as 4% Monday after Raymond James downgraded the stock to an Overperform rating from a Strong Buy.
Amazon stock (AMZN) just took a hit as analysts rethink their forecasts. Several analysts have slashed their forecasts in the past two weeks, ...
Amazon has been caught in the recent market sell-off, with the e-commerce behemoth's shares down nearly 30% off its highs as ...
Amazon (AMZN) shares slid on Monday as Wells Fargo said the tech giant has paused some data center leases. Read for more.
Amazon (AMZN) started an internal effort called “Project Greenland” in order to make sure that it had enough GPU power to support ...
Buffett and his team oversee a $265 billion portfolio of stocks and securities, in addition to several wholly owned ...
Amazon launched an internal strategy last year dubbed "Project Greenland" to ensure the company had enough GPU capacity to ...
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