Amazon stock falls 4% as Raymond James downgrades shares due to tariffs and AI investments

From Yahoo Finance: 2025-04-21 10:47:00

Amazon stock fell 4% after Raymond James downgraded shares due to tariffs and heavy AI investments. Analyst Josh Beck cut price target to $195 from $275 and EBIT estimate for 2025 to $73 billion. Trump’s tariffs sent Big Tech stocks plummeting, with Amazon’s GMV heavily reliant on China. Amazon’s AI spending intensifies.



Read more at Yahoo Finance: Amazon stock falls as Raymond James downgrades shares, citing tariff headwinds and ‘limited’ AI monetization