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    • Wells Fargo & Co.

    Wells Fargo downgrades Amazon due to weakening growth expectations and Walmart competition
    Alabama

    Wells Fargo downgrades Amazon due to weakening growth expectations and Walmart competition

    According to Wells Fargo, the good times may be over for Amazon for now. Analyst Ken Gawrelski downgraded the e-commerce giant to “equal weight” from “overweight.” He also lowered his price target to $183 from $225, a decline of nearly…

    Posted on Idris Bevan
    10 things to watch in the stock market on Thursday, including the Micron-driven chip rally
    Massachusetts

    10 things to watch in the stock market on Thursday, including the Micron-driven chip rally

    10 Things to Watch for Thursday, September 26 – Today’s newsletter was written by Jeff Marks, Investing Club’s head of portfolio analysis. 1. Wall Street is expecting a higher open on Thursday, led by rising technology stocks after memory chip…

    Posted on Idris Bevan
    Boeing shares plunge as Wells Fargo changes rare bearish view
    Michigan

    Boeing shares plunge as Wells Fargo changes rare bearish view

    (Bloomberg) — Boeing Co. shares slumped Tuesday after Wells Fargo & Co. issued a rare bearish assessment of the stock, saying there was little upside potential for the stock. Most read by Bloomberg Shares fell as much as 8.3%, hitting…

    Posted on Caradoc Wyn

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