Form 4 AMAZON COM INC For: Aug 21 Filed by: Herrington Douglas J
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Amazon.com (AMZN) PT Lowered to $225 at Wells Fargo
August 26, 2024 5:32 AM EDTWells Fargo analyst Ken Gawrelski lowered the price target on Amazon.com (NASDAQ: AMZN) to $225.00 (from $232.00) while maintaining a Overweight rating.
The analyst comments "Forecasted heavy upfront launch costs drive -4% IRR in Phase 1 and an 8-year cash payback period, but OI... More
