wells fargo amazon news

Wells Fargo cuts Amazon's rating

Wells Fargo downgrades Amazon: Near-term costs for Project Kuyper will pressure margins

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.

Seeking Alpha on MSN · 10h

Wells Fargo cuts Amazon's rating as headwinds pressure OI, margins in the near term

Wells Fargo cut rating on Amazon.com (NASDAQ:AMZN) to "equal weight" from a previous investment rating of "overweight" on Monday. They note that the company has been "a consistent positive revision story" but now see several factors pressure revisions in the near term.

Yahoo Finance on MSN · 3h

Amazon stock sinks as Wells Fargo downgrades shares

Amazon stock dropped amid a downgrade from Overweight to Equal Weight by Wells Fargo. Wells Fargo said Monday that Amazon's strength in the cloud services market won’t be enough to stave off hurdles: rising competition from Walmart,

Investing.com on MSN · 12h

Amazon downgraded at Wells Fargo as 'positive revision story on pause'

Wells Fargo downgraded Amazon (NASDAQ:AMZN) to Equal Weight from Overweight in a note to clients on Monday, citing multiple headwinds that are likely to pause the company's positive earnings revision story.

4hon MSN

One of Walmart's big bets is paying off in its retail battle against Amazon, analysts say

Walmart's logistics operations are pressuring Amazon and could limit its earnings, Wells Fargo analysts wrote, cutting their ...

Why Amazon Stock Dropped Early Today

Weaker profit margins and the big cash drain that is Project Kuiper pose particular risks to Amazon's growth story.

Amazon Cut as Wells Fargo Warns Cloud Strength ‘Not Enough’

Amazon.com Inc. shares fell in premarket trading on Monday, following a rare analyst downgrade that cited concerns over ...

CNBC13d

Earn 4% back at Amazon with this new no annual fee card — no Prime membership required

this card may still be a worthy option for purchases on the occasions you do shop at Amazon as we'll explain below. The recently released no-annual-fee Wells Fargo Attune℠ World Elite Mastercard ...

Insider Monkey19d

Wells Fargo Lowers Price Target For Amazon.com, Inc. (AMZN) And Keeps An Overweight Rating

We recently compiled a list of the 19 Trending AI Stocks on Latest Analyst Ratings and News. In this article, we are going to take a look at where Amazon.com, Inc. (NASDAQ:AMZN) stands against ...

11hon MSN

4 catalysts for the ProShares UltraPro TQQQ ETF

The ProShares UltraPro QQQ ETF (QQQ) stock has done well this year. It has risen by 42% this year and by 100.2% in the last ...

Investing1mon

Wells Fargo cuts Amazon stock target on high launch costs

On Monday, Wells Fargo (NYSE:WFC) adjusted its price target for Amazon.com (NASDAQ:AMZN), decreasing it to $225 from the previous target of $232. The firm retained its Overweight rating on the ...

Rotten Tomatoes2y

Tales of Wells Fargo – Season 4, Episode 11

The Best Shows on Amazon Prime Video to Watch Right Now (October 2024) Link to The Best Shows on Amazon Prime Video to Watch Right Now (October 2024) The 100 Best Movies on Amazon Prime Video ...

Amazon Stock Is Sliding Monday: What's Going On?

Amazon.com Inc (NASDAQ:AMZN) shares are trading lower Monday following a downgrade from Wells Fargo. Amazon shares also ...

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