Investment bank downgrades Amazon (AMZN) due to earnings pressures from macro environment and tariffs.

From Yahoo Finance: 2025-04-21 10:08:00

Investment bank Raymond James downgraded Amazon (AMZN) to Outperform, citing underestimated earnings pressures in 2025 and 2026. The price target was slashed to $195 from $275. Amazon faces challenges from an uneven macro environment, tariffs, and higher investments. However, Raymond James remains optimistic about Amazon’s AI prospects and long-term investments in supply chain and logistics. Analysts expect earnings per share to reach $6.25 this year and $7.51 by 2026. Despite recent declines in stock value, Raymond James believes AI stocks offer greater potential returns in a shorter timeframe.



Read more at Yahoo Finance: Investment Bank Downgrades AMZN on Earnings Pressures