Nomura Securities Starts Amazon.com (AMZN) at Neutral
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Price: $174.35 -4.48%
Rating Summary:
14 Buy, 11 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
14 Buy, 11 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
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Nomura Securities initiates coverage on Amazon.com (NASDAQ: AMZN) with a Neutral rating and $220 price target.
Analyst Brian Nowak comments, "Amazon.com (AMZN) is an impressive top-line story that we think could triple its revenue base over the next five years (~27% CAGR). That said, we believe the Street is underestimating the extent and duration of margin pressure caused by simultaneously investing in its three key platforms: Retail, Media and Technology."
For an analyst ratings summary and ratings history on Amazon.com click here. For more ratings news on Amazon.com click here.
Shares of Amazon.com closed at $211.22 yesterday.
Analyst Brian Nowak comments, "Amazon.com (AMZN) is an impressive top-line story that we think could triple its revenue base over the next five years (~27% CAGR). That said, we believe the Street is underestimating the extent and duration of margin pressure caused by simultaneously investing in its three key platforms: Retail, Media and Technology."
For an analyst ratings summary and ratings history on Amazon.com click here. For more ratings news on Amazon.com click here.
Shares of Amazon.com closed at $211.22 yesterday.
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