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0 0.000594972482522776 -0.00119886955228327 -0.00148743120630662 -0.000148743120630747 0.0182954038375726 0.0834448906738063 0.1042689275621
Stock impact report

Two Banks Lower Their Price Targets on Amazon (AMZN) Stock [Yahoo! Finance]

Bank of America Corporation (BAC) 
Last bank of america corporation earnings: 4/15 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.bankofamerica.com
Company Research Source: Yahoo! Finance
Mizuho's Take on AMZN Stock The Japanese bank lowered its price target on AMZN to $255 from $285 but kept an Outperform rating on the shares. A customer entering an internet retail store, illustrating the convenience of online shopping. About 50% of the customers of AMZN's cloud unit could reduce the amounts that they spend on its offerings over the next few quarters as they contemplate the impact of tariffs, Mizuho warned. However, the bank is still upbeat on the longer-term outlook of the firm's cloud business. Further, AMZN has the strength to outlast and overcome the negative impact of tariffs, Mizuho stated. Bank of America's Take on AMZN Stock The bank cut its price target on the shares to $225 from $257 but maintained a Buy rating on the name. Warning that AMZN faces "a potential new ballgame for supply chains and costs” due to higher tariffs, the bank expects the costs of the company's retail unit to climb meaningfully, assuming that tariffs remain at their curr Show less Read more
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