Analysts at B Riley downgraded Amazon.com AMZN 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.
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