Amazon Downgraded from 'Buy' to 'Neutral' - Presented by: The Aol. On Network

Shares of Amazon are getting smacked again early today after the company was downgraded from "Buy" to "Neutral "with a $375 price target. UBS analyst Eric Sheridan said a survey of Amazon customers indicated that only 24 percent would renew their Amazon Prime memberships if the company raised the annual price to $119 from the current $79.



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As of 4/17/2014, 04:07 PM
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