A new analyst for Amazon gave the company a rare market-perform rating.
The investment firm initiated coverage of Amazon at market perform, making it one of only a few firms without a buy rating on the stock.At a Whole Foods Market grocery store in San Ramon, California, signage advertises new discounts for Amazon Prime members.are among the best bets among internet stocks, but slowing retail growth and regulatory issues should make investors cautious about, and Google's parent company Alphabet with outperform ratings in its new note looking at internet stocks.
This makes Bernstein one of the few firms that is not bullish on Amazon. The tech giant had buy or overweight ratings from 96% of its analysts before this initiation, according to FactSet.
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