NetworkNewsBreaks – Amazon.com Inc. (NASDAQ: AMZN) Downgraded by Raymond James Amid Tariff Concerns and Earnings Pressure
Amazon.com (NASDAQ: AMZN) has been downgraded by Raymond James from "strong buy" to "outperform," with the price target reduced nearly 30% to $195. The downgrade reflects concerns over rising U.S.-China trade tensions and Amazon's $15 billion investment in rural U.S. logistics infrastructure, which analysts believe may pressure earnings before interest and taxes (EBIT). Approximately 30% of Amazon's gross merchandise value is linked to Chinese products, making the company vulnerable to potential tariff impacts. Despite these challenges, Bank of America Securities maintains a "buy" rating with a $225 price target, acknowledging the risks but remaining optimistic about Amazon's long-term prospects. As…







