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benzinga.com
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This Salesforce Analyst Turns Bearish; Here Are Top 5 Downgrades For Monday - Axcelis Technologies (NASDAQ:ACLS), Amazon.com (NASDAQ:AMZN)

1. Raymond James downgraded AMZN from Strong Buy to Outperform. 2. Price target for AMZN was lowered from $275 to $195. 3. AMZN shares closed at $172.63 following the downgrade.

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FAQ

Why Bearish?

The downgrade signals reduced confidence in AMZN's performance, similar to prior downgrades impacting stock prices.

How important is it?

Analyst downgrades and price target reductions directly influence investor sentiment and stock valuation.

Why Short Term?

Immediate market reactions often occur post-downgrade, historically affecting stock prices quickly.

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