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Amazon (NASDAQ: AMZN) stock slipped 2.7% through 10:20 a.m. ET Monday morning after Wells Fargo analyst Ken Gawrelski downgraded the stock from overweight to equal weight (i.e., from buy to hold).
Amazon stock closed 3% lower Monday as Wells Fargo 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 ...
The firm maintained a buy rating on the stock and a one-year price target of $225 per share, which would represent upside of roughly 21% based on Amazon's closing price of $186.41 per share today.
News that Amazon (NASDAQ: AMZN) is apparently retreating from a potentially lucrative business sent the company's share price down on Wednesday. It closed the trading day nearly 3% lower, a ...
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Next-generation database software provider Couchbase (NASDAQ: BASE) delivered a solid earnings report after the close of trading Tuesday, but offered somewhat disappointing guidance. Couchbase's ...
The other catalyst driving Amazon higher today was the company's investment in Rivian Automotive (NASDAQ: RIVN). Amazon owns more than 162 million shares of Rivian stock, amounting to a 16.4% stake.