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Bank of America resets Amazon stock price target after earnings
Yahoo Finance· 2026-02-06 23:50
Amazon (AMZN) reported its Q4 earnings on February 5. The earnings spooked investors and sent the stock tumbling, which was already caught by the wider tech sell-off, trading 9% lower at the time of writing, Friday morning, Feb. 6, according to Yahoo Finance. What alarmed the investors was something Amazon President and CEO Andy Jassy said in the earnings release. “With such strong demand for our existing offerings and seminal opportunities like AI, chips, robotics, and low earth orbit satellites, we expe ...