Amazon.com price target lowered to $415 from $455 at Oppenheimer Oppenheimer cut its target on Amazon after the company reported lower than expected EPS and its customer growth rate slowed. The firm keeps an Outperform rating.
Amazon price target lowered to $400 from $410 at RW Baird Baird called Amazon's Q2 earnings report "solid" but lowered its price target on the stock to $400 from $410 citing the company's margin compression and Q3 guidance. The firm, which also noted the stabilization of paid unit growth and healthy usage trends, keeps its Outperform rating on the stock.
Amazon.com results 'generally good,' says Cantor Cantor believes that Amazon enjoyed sustained momentum in North America last quarter. Although AWS price cuts and investments are pressuring Amazon's profits, Cantor thinks the company's investments are justified, given what it sees as improving North America retail trends and large global opportunity. The firm trimmed its price target on the shares to $400 from $425 but keeps a Buy rating.
Amazon.com price target lowered to $375 from $400 at Deutsche Bank Deutsche Bank lowered its price target for Amazon.com shares to $375 following the company's Q2 results but maintains a Buy rating on the stock.
Amazon says Fire Phone can be viable product independently In addition to expectations that the Fire Phone will be viable as an independent product the company says Fire Phone is also integrated into existing business. Comments made on Q2 earnings conference call.