B Riley Downgrades Amazon.com To Neutral

Analysts at B Riley downgraded Amazon.com

from Buy to Neutral. The target price for Amazon.com has been lowered from $425 to $350. Amazon.com shares have surged 14.94% over the past 52 weeks, while the S&P 500 index has gained 17.52% in the same period. Amazon.com shares tumbled 10.20% to $322.02 in pre-market trading.