Amazon Cut as Wells Fargo Warns Cloud Strength ‘Not Enough’
WEB8 hours ago · The e-commerce and cloud-computing giant fell 1.4% to $184 before the bell. The stock is up 23% this year, as of its last close, modestly outperforming the 19% gain of the Nasdaq 100 Index. Amazon ...
Amazon downgraded at Wells Fargo as 'positive revision story on …
WEB10 hours ago · Wells Fargo reduced its OI estimates for Amazon by $5.4 billion, $4.5 billion, and $5.5 billion for 2025, 2026, and 2027, respectively, attributing these cuts to slower monetization of merchant ...
Wells Fargo cuts Amazon's rating as headwinds pressure OI, …
WEB8 hours ago · Wells Fargo sees Amazon's Q3 revenue near the midpoint of guidance at $157.1B, with AWS a bit stronger and retail a bit weaker driven by similar factors as 2Q—a mixed consumer and trade-down ...
Amazon stock sinks as Wells Fargo downgrades shares - Yahoo …
WEB1 hour ago · Amazon (AMZN) stock closed 3% lower Monday as Wells Fargo (WFC) analysts downgraded shares, noting that the company's strength in the cloud services market won’t be enough to stave off other hurdles to its profit margins. Wells Fargo analyst Ken Gawrelski downgraded the stock from Overweight to Equal Weight and lowered his price target for ...
One of Walmart's Biggest Bets Is Creating Pressure for Amazon ...
WEB2 hours ago · Amazon's stock slid more than 3% on Monday to about $180.50 after the Wells Fargo analysts published their note. Read next Watch: Meet the Amazon warehouse workers paying the price for fast, free ...
Wells Fargo cuts Amazon's rating as headwinds pressure OI
WEBWells Fargo sees Amazon's Q3 revenue near the midpoint of guidance at $157.1B, with AWS a bit stronger and retail a bit weaker driven by similar factors as 2Q—a mixed consumer and trade-down ...
Wells Fargo downgrades Amazon on slowing growth …
WEB10 hours ago · Wells Fargo downgrades Amazon on slowing growth expectations, Walmart competition. Published Mon, Oct 7 20246:36 AM EDT. Fred Imbert @foimbert.
Amazon downgraded at Wells Fargo - Yahoo Finance
WEB7 hours ago · Amazon (AMZN) has been downgraded to Equal Weight from Overweight at Wells Fargo. The firm argues that the strength in Amazon's cloud business is "not enough" to overcome headwinds and increasing ...
Amazon Stock Falls After Rare Analyst Downgrade - Investor's …
WEB6 hours ago · 10:34 AM ET 10/07/2024. Amazon (AMZN) stock fell Monday morning after the tech behemoth got a rare downgrade from a Wall Street analyst. Wells Fargo analyst Ken Gawrelski lowered his rating on ...
Wells Fargo downgrades Amazon: Near-term costs for Project …
WEB21 hours ago · Ken Gawrelski, Wells Fargo equity analyst, joins 'Money Movers' to discuss the firm's downgrade of Amazon, how rivals are playing a role in the company's investment thesis, and much more.
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