Amazon (AMZN) Price Target Slashed by Analysts

Numerous analysts downwardly adjusted their price targets on Amazon.com, Inc. (NASDAQ: AMZN).

Amazon.com had its price target lowered by Barclays Capital from $240.00 to $220.00. They have an “Equal Weight” rating on the company.

Amazon.com had its price target lowered by Jefferies (NYSE:JEF) to $240.00.

Amazon.com had its price target lowered by RBC Capital from $260.00 to $240.00. They have an “Outperform” rating on the company.

Amazon.com had its price target lowered by Benchmark Co. from $280.00 to $225.00. They have a “Buy” rating on the company.

Amazon.com had its price target lowered by Piper Jaffray (NYSE:PJC) to $256.00.

Amazon.com had its price target lowered by Stifel Nicolaus from $280.00 to $265.00. They have a “Buy” rating on the company.