Goldman Sachs Comments on Amazon's (AMZN) Q1

Raymond James Downgrades Amazon (AMZN) to Outperform

Raymond James downgraded Amazon.com (NASDAQ: AMZN) from Strong Buy to Outperform with a price target of $391.00 (from $443.00).

For an analyst ratings summary and ratings history on Amazon.com click here. For more ratings news on Amazon.com click here.

Shares of Amazon.com closed at $337.15 yesterday.

Amazon (AMZN) Q1 'Mixed' - RBC Capital; PT Trimmed

RBC Capital analyst Mark Mahaney trimmed its price target on Outperform-rated Amazon.com (NASDAQ: AMZN) to $400.00 (from $425.00) following Q1 results saying the company is stealing margin from the jaws of growth.

Mahaney noted Q1 results were mixed: "AMZN reported Q1 Rev of $19.7B, above RBC & Street, and near the high-end of company guide. Strength in EGM & Other more than offset weakness in Media. Gross Margin expanded 220 bps Y/Y to 28.8%, marking AMZNs highest Q1 since the 90s.... More

Amazon (AMZN) Q1 'Solid' - Evercore Partners

Evercore Partners analyst Ken Sena reiterated an Overweight rating and $480 price target on Amazon.com (NASDAQ: AMZN) following solid Q1 results.

Sena commented, "Amazon delivered a solid first quarter result with gross profit of $5.7bn (+33%) a full 7% above our estimate. CSOI was also modestly better. However, further unit growth... More

Amazon.com, Inc. (AMZN) Reports In-Line Q1 EPS, Sales Beat

Amazon.com, Inc. (NASDAQ: AMZN) reported Q1 EPS of $0.23, in-line with the analyst estimate of $0.23. Revenue for the quarter came in at $19.74 billion versus the consensus estimate of $19.42 billion.

Amazon.com, Inc. sees Q2 2014 revenue of $18.1-19.8 billion, versus the consensus of $19.03... More