NEW YORK (TheStreet) -- Amazon (AMZN) has had its price target lowered to $439 from $449, Credit Suisse said Friday. The firm reiterated an "outperform" rating noting that the company continues to moderate shipping losses and build out its fulfillment footprint close to dense population hubs.
"While we maintain our Outperform rating, our end-of-2014 DCF-based price target decreases to $439 from $449, and is based on a 10.5% weighted average cost of capital and 3% terminal growth," analysts wrote in the report.
Separately, TheStreet Ratings team rates AMAZON.COM INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:
"We rate AMAZON.COM INC (AMZN) a HOLD. The primary factors that have impacted our rating are mixed -- some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins."
- You can view the full analysis from the report here: AMZN Ratings Report